Results 161-180 of 1,981 for speaker:Conor Lenihan

Written Answers — Departmental Expenditure: Departmental Expenditure (16 Jun 2010)

Conor Lenihan: The table below provides details of Business Expenditure on Research and Development (BERD) for 2003, 2005, 2007 and an estimate for 2008. As the BERD survey is only undertaken every two years, it is not possible to provide actual expenditure figures for the intervening years. BERD Expenditure Year Total BERD ExpenditureMillion € BERD Expenditure by Indigenous CompaniesMillion € % of...

Written Answers — Fisheries Protection: Fisheries Protection (16 Jun 2010)

Conor Lenihan: As the Deputy will be aware, the taking of salmon by any means is permitted only in those rivers that are meeting their conservation limits and which have an identified surplus following appropriate assessment and scientific advice. Details of the rivers which are open in 2010 can be found in the Wild Salmon and Sea Trout Tagging Scheme Regulations 2009 (SI No. 557 2009). In order to permit...

Loan Guarantees (16 Jun 2010)

Conor Lenihan: The low level stuff is all in Deputy Varadkar's party.

Written Answers — Inland Fisheries: Inland Fisheries (15 Jun 2010)

Conor Lenihan: The Inland Fisheries Act 2010 which was recently enacted provides the statutory basis for the establishment of a new national inland fisheries authority to be known as Inland Fisheries Ireland. An Order has been made under the Act which designates the 1 July 2010 as the establishment day for the purposes of the Act and therefore the day on which Inland Fisheries Ireland will come into...

Written Answers — Inland Fisheries: Inland Fisheries (15 Jun 2010)

Conor Lenihan: Under the Fisheries Acts, primary responsibility for the management, conservation, protection and development of the inland fisheries resource rests with the Central and Regional Fisheries Boards. Under the Wild Salmon and Sea Trout Tagging Scheme Regulations 2009 (S.I. No. 557 of 2009), the River Feale, including the waters of the Galey and Brick, has a total allowable catch of 4,652 and the...

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: I thank Senators for their many and considered contributions. I will attempt to respond to as many of the points raised by Senators as possible. Last January, the Minister for Finance announced the Government's decision to set up the two reviews and a statutory commission of inquiry to complete an expert, authoritative and structured examination of the financial crisis and its impact in...

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: It is not all the Government's fault. We had a different experience in Ireland which was compounded by our reliance on the receipts from the residential and commercial property boom. I am not shy about apologising for that. Our Government, which I have supported since 1997, was a factor and did contribute to that by failing to read the danger signals. I accept that. Some people maintain...

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: Mistakes were made. The only thing I say by way of mitigation is that the same mistakes were made in many other counties throughout the world, including the powerhouse democracy and market economy of the world, the United States of America.

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: Let us be clear. I do not blame the United States but as the largest economy in the world it must take first responsibility for the causes of the collapse in its banking sector. It has been the trigger for all the other difficulties——

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: ——including those in Europe and in the Far East economies. If people wish to fly in the face of the facts, we should let them, but it is determined and clear that the US economy accounts for 35% of global or world GDP, a vast stake to have in global business, economic and capital movements. Let us consider the origins of capital which drive global economic activity at a world level....

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: In such cases when economic growth occurs there is a shortage of available zoned land to build houses. This has happened and there are parties which seek to have it both ways. Such parties seek more houses but not more rezoning for such houses. Thankfully, because of the surplus of property this will not be a problem in the short to medium term but it may be a problem in the Dublin area...

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: ——but that has not happened in Ireland.

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: What is not creditworthy?

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: Sorry. I did not hear what the Senator said.

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: Let us be clear. Everybody, from Ministers, Deputies and Senators to ordinary members of the public, has made major adjustments because of the suddenness of the the recession.

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: I am not saying it is up to the Government to make such adjustments, although it has had to do so. Ordinary people have taken pay cuts, had to make adjustments to their lifestyles and managed to survive and come through. However, many have not and are now unemployed, but, thankfully, the level has peaked. We have turned the corner and now have an opportunity to look forward to a recovery...

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: There are a few other——

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: I will not.

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: How much time do I have left?

Seanad: Banking Reports: Statements (15 Jun 2010)

Conor Lenihan: I thank Senators for their contributions. Senator Phelan is backing a particular horse in the race to find a successor to Deputy Kenny as leader of Fine Gael. Given that he has hitched his wagon to an economist, we can expect a more realistic and proper analysis——