Results 121-140 of 44,944 for speaker:Stephen Donnelly

Proposed Legislation (25 Oct 2011)

Stephen Donnelly: It is good to hear that the Minister will not only meet but introduce the Bill ahead of the IMF timeline set. Specifically with regard to mortgages, the ideal situation would be that the bankruptcy conditions contained in the new legislation would be such that it could be used as a credible threat and, therefore, the person concerned would not necessarily have to go through bankruptcy but...

Proposed Legislation (25 Oct 2011)

Stephen Donnelly: The Minister mentioned five years in this context. As Minister for Justice and Equality what is his view on five years versus three years, one year or two years? When the Minister publishes the legislation and gives a recommendation on the number of years, will he also publish a comparative analysis that shows what works in other systems and why he has reached the recommendations that he has?

Proposed Legislation (25 Oct 2011)

Stephen Donnelly: Will the Minister publish a comparative analysis and the rationale for whatever he does agree? On the second piece to which he referred in his reply, when the discharge period is ended, is it the Minister's position that the full quantum of debt owed at that stage will essentially be written off?

EU Summits: Statements (26 Oct 2011)

Stephen Donnelly: I propose to share time with Deputies Clare Daly, Mick Wallace, Richard Boyd Barrett, Catherine Murphy and Shane Ross. We will be brief but devastating. Last week, the Minister of State, Deputy Creighton, and I were on "Prime Time" discussing the European crisis. The Minister of State said that one should not shout a negotiating strategy from the rooftops. I agree with her that one should...

EU Summits: Statements (26 Oct 2011)

Stephen Donnelly: That is absolutely untrue.

EU Summits: Statements (26 Oct 2011)

Stephen Donnelly: The Minister of State has just said that all of the economic analysis states that Ireland's debt is sustainable and if we stick to this programme we will get out of it. It does not. If all the economic analysis she is looking at says that, I ask her to give me a call and I will send her expert analysis from all over the world, including the IMF, which says the opposite. In regard to the...

Leaders' Questions (2 Nov 2011)

Stephen Donnelly: There is no agreement.

Leaders' Questions (2 Nov 2011)

Stephen Donnelly: There is no agreement on the bondholders.

Family Home Protection (Miscellaneous Provisions) Bill 2011: First Stage (2 Nov 2011)

Stephen Donnelly: I move: That leave be granted to introduce a Bill entitled an Act to enable the Court to have regard to various, cited matters when determining whether to grant or refuse an application for possession of a family home.

Family Home Protection (Miscellaneous Provisions) Bill 2011: First Stage (2 Nov 2011)

Stephen Donnelly: I move: "That the Bill be taken in Private Members' time."

European Council: Statements (2 Nov 2011)

Stephen Donnelly: I would like to share time with Deputies Boyd Barrett and Higgins.

European Council: Statements (2 Nov 2011)

Stephen Donnelly: The Minister for Finance, Deputy Noonan, has asked to be quoted in context. I will cite the words of the Minister in a contribution he made in the House on 15 December 2010 when he was essentially the Minister for Finance in waiting: Ireland's commitments on sovereign debt and debt under guarantee must be honoured in full. What legal or moral compulsion is on Ireland, however, to honour in...

European Council: Statements (2 Nov 2011)

Stephen Donnelly: On the previous point, the emergency liquidity assistance does not pay our public sector bills but remains within the banking sector. I have two questions which are based on the so-called agreement with the ECB, which Members on this side of the House do not get. What does the Taoiseach think would happen if we decided not to pay short-term speculators $1 billion? Does he believe the ECB...

Bank Guarantee Scheme (2 Nov 2011)

Stephen Donnelly: I think it is fair to say there is agreement across the House that there is no moral or legal obligation on us to pay the bond due to be paid today by the Irish Bank Resolution Corporation Limited, formerly Anglo Irish Bank Corporation Limited. I agree with the Minister's own assessment from last year that it is a disaster and obscene thing for us to be doing. Taking that for granted, I...

Bank Guarantee Scheme (2 Nov 2011)

Stephen Donnelly: In the Minister's prepared statement, the two arguments he gave from Mr. Trichet were ones that he himself dismissed when in Opposition. He absolutely dismissed them. I agree with his previous analysis and I do not accept Mr. Trichet's analysis. I do not accept that there is a significant risk of contagion from not paying bonds such as the one today. I simply think he is talking nonsense,...

Bank Guarantee Scheme (2 Nov 2011)

Stephen Donnelly: The Minister said the real threat is on the IMF agreement. The agreement, as we all know, says nothing about these bonds, and therefore we are being held not just to an IMF agreement but to something beyond that agreement. I encourage the Minister to provide anything on the record to Members of the House in order that we can debate that and consider the cost-benefit analysis. I accept it...

Bank Guarantee Scheme (2 Nov 2011)

Stephen Donnelly: Is there an implicit threat?

Bank Guarantee Scheme (2 Nov 2011)

Stephen Donnelly: I am asking the Minister.

EU-IMF Programme (15 Nov 2011)

Stephen Donnelly: Question 31: To ask the Minister for Finance with regard to his assertion in Dáil Éireann last Wednesday that he had concern about the collapse of the programme that is, the EU-IMF programme were the bond due to be paid by the former Anglo Irish Bank last week not paid, and his warning that if the programme collapsed, we would have to make the full adjustment in one year, if there is any...

EU-IMF Programme (15 Nov 2011)

Stephen Donnelly: The Minister has given more or less the same statement that he gave in the House last week. Relative to the question I asked, it is nonsense. Both the Minister and the Taoiseach stated unambiguously in this Chamber last week that if we did not pay the senior bondholders at Anglo Irish Bank, the EU-IMF programme would stop. The Minister said that he would therefore have to make an €18...