Results 961-980 of 1,113,705 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Máiría Cahill OR speaker:Dara Calleary OR speaker:Matt Shanahan OR speaker:Aindrias Moynihan OR speaker:James Browne OR speaker:Thomas Gould OR speaker:Catherine Martin OR speaker:Ossian Smyth OR speaker:Seán Sherlock OR speaker:Niall Collins OR speaker:Alan Farrell OR speaker:Donnchadh Ó Laoghaire OR speaker:Pearse Doherty OR speaker:Marian Harkin OR speaker:Kieran O'Donnell OR speaker:Frank Feighan OR speaker:Mark Ward OR speaker:Mairead Farrell OR speaker:Michael Moynihan OR speaker:Marc Ó Cathasaigh OR speaker:Hildegarde Naughton OR speaker:Catherine Connolly)

Electricity Costs (Emergency Measures) Domestic Accounts Bill 2024: Second Stage (9 Oct 2024)

Jennifer Whitmore: This is the fourth year in a row in which we are debating emergency measures and talking about one-off payments. At what stage is it no longer an emergency and a one-off payment? The fact it is being referred to in this way is indicative of a Government that has far too much money with no vision, ideas or real solutions to these problems which face so many people. If the Government had...

Electricity Costs (Emergency Measures) Domestic Accounts Bill 2024: Second Stage (9 Oct 2024)

Thomas Gould: We in Sinn Féin recognise that ordinary people are really struggling with the cost-of-living crisis and the failure of this Government to properly tackle it. We have the highest energy bills in Europe, including high gas bills. People are really struggling. That is why we believe the €250 the Government is offering does not go far enough. We believe that at least €450...

Electricity Costs (Emergency Measures) Domestic Accounts Bill 2024: Second Stage (9 Oct 2024)

Gerald Nash: I am pleased to speak on this Bill for the Labour Party. The State will have spent, I think, close to or in excess of €2 billion in energy credit payments since the onset of the energy crisis. We know only too well that this is by definition an untargeted measure. It is universal in nature and has been explained away as a once-off emergency measure to help people through a temporary...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: To stay on that theme, the Central Bank has now divested from all companies that operate in the occupied territories. Is that the case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Okay. Four of those were Israeli banks, were they?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Will the witnesses outline the Central Bank's rationale for that decision? It was not forced to take it. It was not a legislative issue. I welcome the decision, obviously.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: I welcome that and thank Mr. Madouros for acknowledging that the questioning in this committee, including my own, has led to this. This is a positive outcome and the Central Bank needs to be acknowledged in relation to that. It is to be hoped the NTMA will follow suit and divest from the rest of its holdings in companies involved in the occupied territories. However, it leads me to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: I understand this prospectus does not say that, but does Mr. Makhlouf accept that Israel itself is marketing these as war bonds?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: If Mr. Makhlouf or any of his colleagues opens their mobile phone and goes to israelbonds.com, the front page is very clear about supporting the war effort by buying Israeli bonds.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: That is fair enough. Is it correct that Ireland is the home country for Israeli bonds?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: That allows people in Germany and Spain to purchase these bonds because Ireland is the home country and we are part of the European Union.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Did anybody in the Central Bank reach out to Israel after Britain left the EU and therefore could not be the home country for these bonds?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Will Mr. Makhlouf check in terms of-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Mr. Makhlouf has said very clearly that his hands are tied. He did not use those words but there is a legal responsibility on the Central Bank to authorise the sale of these bonds through the Central Bank in Ireland, as the home country, by approving the prospectus. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Mr. Makhlouf has said that comes from the 2017 European regulations. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: Okay. In those same regulations paragraph 8 reads: The disclosure requirements of this Regulation do not prevent a Member State or a competent authority or an exchange, through its rulebook, from imposing other particular requirements in the context of the admission to trading of securities on a regulated market... Is that not the case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: This regulation is about the requirement to provide a prospectus and then for a competent authority to authorise that prospectus. It states very clearly here that the Central Bank as a competent authority can impose "other particular requirements in the context of the admission to trading of securities". Does Mr. Makhlouf acknowledge that the Central Bank has the powers under this...