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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: I thank both Professor Barry and Mr. McCarthy for their interesting presentations on this matter, of which we will not see the end any time soon. Mr. McCarthy said countries get into trouble because they are not run very well. The corollary of that is countries get out of trouble because they are run very well. I am sorry Deputy Richard Boyd Barrett is not present to hear that comment....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: Apart from Mr. McCarthy’s view that Greece did not get the haircut it should have got in the first bailout programme, it is still not clear to me how the situation in Greece failed to resolve itself more successfully. My understanding is that before the Syriza Government came to power, Greece had returned to positive growth but is now back in negative growth. There was light at the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: Finland was not too keen to sign up either.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: I was just adding to the mix. Let us take the case of the three Baltic states.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: I do not doubt that. For example, Ireland has, for want of a better word, a well-established bureaucracy and a robust tax collection system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Latest Eurozone Developments and Future Implications for Euro Currency: Discussion (15 Jul 2015)

Aideen Hayden: As Professor Barry pointed out, Greece has a closed economy whereas the Irish economy is an open one, with 40% of exports going to a country, the United Kingdom, which is doing especially well. We are in a different position entirely from Greece. I ask the witnesses to respond to my question on the moves that have been made towards banking union. Last year, only seven - the figure may be...

Seanad: Order of Business (15 Jul 2015)

Aideen Hayden: I ask the Leader for a debate on third level education, in particular grants. Fortunately, more students than ever are accessing third level education in this country but there are serious inequities within the grant system. I refer to the disregards available to the agricultural and farming communities compared to the eligibility for people subjected to PAYE incomes, in particular those in...

Seanad: Urban Regeneration and Housing Bill 2015: Second Stage (Resumed) (14 Jul 2015)

Aideen Hayden: I welcome the Minister of State to the House. I believe the legislation is balanced. I have looked at it very carefully and particularly around the issue of Part V. It strikes a balance between a carrot and stick approach and deals with the difficulties that arose with Part V in the past. The general purpose of the Bill is expressed in the explanatory memorandum as facilitating increasing...

Seanad: Order of Business (9 Jul 2015)

Aideen Hayden: Senator White raises an interesting point around inheritance. I suggest to the Leader that we might have a debate on the issue of taxation more generally, in particular taxation and fairness. I must admit I cannot agree with Senator White. First, inheritance tax is based on value and, obviously, Dublin properties are more valuable than properties outside of Dublin. The other point I would...

Seanad: Order of Business (9 Jul 2015)

Aideen Hayden: I would also make the point that inheritance tax perpetuates more unequal societies. I am very surprised the Senator would raise an issue such as child care and, in the same breath, suggest that people should be able to have tax relief on wealth they do not earn when, obviously, the more wealth they inherit, the more unequal society is. We do not see too many people on social welfare...

Seanad: Order of Business (9 Jul 2015)

Aideen Hayden: Communism? I am sure people on social welfare in Ireland would not regard that as communism.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: I remind members to ensure their mobile telephones are switched off. If they are not, it causes serious problems for the broadcasting, editorial and sound staff. In this session we commence our pre-legislative scrutiny of the draft scheme of the Public Sector Standards Bill. The purpose of the Bill is to reform the current legislative framework governing the disclosure of interests and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: Unfortunately, a vote has been called in the Dáil, and the two Deputies-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: Yes, of course.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: Yes. This is the beginning of the pre-legislative scrutiny process. We will have other opportunities for debate. If members are agreed, I am happy to continue the meeting for a few minutes. I call Deputy Fleming.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: I would like to hear that. We have the documentation-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: -----but it is an interesting question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: To declare liabilities.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: I have four very short observations to make, a number of which occurred to me while Deputy Fleming was speaking. We are all aware that particular consultants who consulted for the Department of Finance in the old days before separation would have derived a significant portion of their income from advising Departments. I am sure there are plenty of other people in that category. They may...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: General Scheme of Public Sector Standards Bill 2015: Pre-legislative Scrutiny (8 Jul 2015)

Aideen Hayden: I am very conscious of time and am aware that it has been a very long afternoon. Category B declarants make their declaration to their head of organisation or line manager.

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