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Hayes, Brian

Wednesday, 24 April 2013

Dáil Éireann Debate
Vol. Nbr.


Credit Availability

I thank the Deputy for raising this important issue and clarifying it. The Central Bank of Ireland issued a circular to all credit unions on 22 February 2013 regarding prudential lending. The cir...More Button

An important factor in determining creditworthiness in the current environment is whether a member is already in difficulty repaying existing debt and, in particular, mortgage debt. The circular...More Button

It must be remembered that within her independent regulatory discretion, the Registrar of Credit Unions acts to support the prudential soundness of individual credit unions, to maintain sector st...More Button

What was in the circular is not new to the existing regulatory environment and framework. It is probably a matter of interpretation, as Deputy Nolan pointed out, and an overzealous interpretatio...More Button

Credit Availability (Continued)

This is a useful exchange. There is a recognition in government, as there is on all sides of this House, of the importance of the credit union sector in terms of lending for the short and medium t...More Button

The point Deputy Nolan made was useful. We will certainly transmit his views to the Central Bank of Ireland and if further clarification is sought on this matter from the credit union sector, it...More Button

Public Sector Pay and Conditions: Motion (Resumed) [Private Members] (Continued)

Taking up the point made by Deputy John Browne, the Government has no intention of cutting across the work of Kieran Mulvey and the LRC over the coming weeks. People who are experts in the area an...More Button

I am a great believer in the principle that jaw-jaw is always better than war-war. At a time of such uncertainty, the last thing the country needs is industrial warfare. I recognise the extraor...More Button

It is good to have a historical perspective, even on this side of the House.More Button

I did not interrupt anyone. From speaking to people across the European Union institutions, I know that the reduction in the number of people working in the service at a time of exceptional demand...More Button

There are two fundamental principles required and I hope everyone in the House accepts them. We must find savings of €300 million this year and annualised savings of €1 billion by 2015. We want...More Button

The situation will not be helped by the comments of Sinn Féin. The party is totally incapable of telling people the truth on this issue. It maintains we can take out everyone earning over €100,...More Button

They do know it and they continue to get away with it. It is my task - and, I suspect, that of the Opposition - to remind Sinn Féin of the lie perpetuated in its documents and based on its figures...More Button

Office of Public Works Projects

A site in Macroom has been identified as a suitable location for a new Garda Station. The proposed site also has the capacity to cater for a new Fire Station and it is intended that the Office of...More Button