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#Michael McGrath

# michael-mcgrath - Sunday 8 September, 2013

Watch: "It's all gone mad" - 8 moments from this week's 'grilling' of the bankers

The bankers were given targets to tackle the mortgage crisis, but no-one was happy with the measures they took to reach them…

# michael-mcgrath - Wednesday 4 September, 2013

Ulster Bank began legal action in 4,124 arrears cases between March and June

Jim Brown is the latest bank boss to appear before the Oireachtas Finance Committee to be grilled on how lenders are addressing the mortgage arrears crisis.

# michael-mcgrath - Thursday 29 August, 2013

Fianna Fáil TD: Brian Cowen should do a probing, current affairs interview

Michael McGrath said he would like to see the former taoiseach to agree to a “proving interview by an established current affairs journalist” in the wake of his first public comments in over two years.

TDs and Senators coming back next week to grill bankers over mortgage arrears

TDs and Senators on the Oireachtas Finance Committee will grill the heads of the main Irish banks next week.

# michael-mcgrath - Friday 26 July, 2013

Central Bank cuts growth forecast and tells govt: Don't ease-up on austerity

The bank has also cut its forecast for growth of the country’s economy or gross domestic product from 1.2 per cent this year to 0.07 per cent blaming the falls in the export of goods and services.

# michael-mcgrath - Monday 24 June, 2013

Anglo tapes 'should be handed over to the Gardaí'

Opposition parties have called for Gardaí, the DPP and the Director of Corporate Enforcement to investigate the content of the tapes.

# michael-mcgrath - Saturday 8 June, 2013

Revealed: At least 6 Fianna Fáil TDs and most senators to oppose abortion bill

With a free vote, at least a dozen TDs and senators from the main opposition party are likely to oppose the Protection of Life during Pregnancy Bill, according to a survey carried out by

# michael-mcgrath - Monday 27 May, 2013

Over 130 people with Irish addresses filed for bankruptcy in UK during crisis

Figures also show that 35 people moved to England or Wales last year solely for the purpose of seeking bankruptcy.

# michael-mcgrath - Monday 20 May, 2013

Insolvent borrowers 'will be named and shamed' online in new system

Fianna Fáil says the public register of people in insolvency procedures could shame people away from participating.

# michael-mcgrath - Wednesday 8 May, 2013

Ohio kidnapped women 'were bound and chained'

Cleveland’s police chief has said he expects the three men arrested in connection with the kidnapping are likely to be charged today.

Banks should disclose how ECB rate changes impact its products - Fianna Fáil ECB

Banks should disclose how ECB rate changes impact its products - Fianna Fáil

Deputy McGrath has called on the Central Bank to force banks to issue a statement following each change to the ECB’s interest rate.

# michael-mcgrath - Thursday 25 April, 2013

Fianna Fáil want period for financial services complaints extended

A six year limit currently exists after which complaints cannot be made to the Financial Services Ombudsman.

# michael-mcgrath - Wednesday 24 April, 2013

AIB, EBS and Haven variable rate mortgages to increase from June

The rate increases vary from 0.25 per cent to 0.4 per cent.

# michael-mcgrath - Wednesday 27 March, 2013

Junior Minister admits banks have 'hoodwinked' the government

The Dáil debated a Fianna Fáil-proposed private members’ motion on the mortgage arrears crisis tonight but it was easily defeated by the government’s majority.

# michael-mcgrath - Monday 25 March, 2013

FF publishes bill to remove bank veto from insolvency regime

Fianna Fáil’s legislation would also create an independent Mortgage Resolution Office with the power to make binding orders.

# michael-mcgrath - Tuesday 19 March, 2013

Ireland not impacted by Cyprus' bailout deal - Kenny

Banks in Cyprus remain closed as discussions continue on the terms of the proposed bailout deal.

# michael-mcgrath - Friday 22 February, 2013

Noonan hints €1bn IBRC savings will go to repay debts

Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.

# michael-mcgrath - Monday 4 February, 2013

Read in full: Mario Draghi’s letter to Fianna Fáil’s Michael McGrath

The Fianna Fáil finance spokesperson has called on Michael Noonan to hold face-to-face negotiations with the European Central Bank president after he wrote to him last month.

# michael-mcgrath - Sunday 3 February, 2013

Here is how much was won on Prize Bonds last year

The amount has increased significantly over the past three years as people sought safe places to put their money.

# michael-mcgrath - Monday 10 December, 2012

Prospect of October Budget welcomed amid calls for more open process

Budget 2013 is less than a week old but already thoughts are turning to Budget 2014 and the possibility it could be held earlier than December next year.

# michael-mcgrath - Saturday 8 December, 2012

Opposition parties hit back at criticism of their alternative budgets

The government claims neither of the two main opposition parties had their pre-budget submissions fully costed but this has been described as a “complete red herring” by Fianna Fáil.

# michael-mcgrath - Thursday 29 November, 2012

Where were the 38 TDs who didn’t vote on the abortion bill?

A TV interview, planting a tree, “official business” and committee work in Mozambique are among the reasons for some TDs not voting on last night’s abortion bill.

# michael-mcgrath - Thursday 22 November, 2012

Fianna Fáil's alternative budget: Cuts to politician pensions and no property tax

Fianna Fáil today launched its budget proposals entitled “A Fairer Way to Recovery”.

# michael-mcgrath - Thursday 8 November, 2012

Six execs at former Anglo Irish Bank earn over €500k a year

Figures disclosed by Finance Minister Michael Noonan detail the remuneration packages of senior bankers at the former Anglo Irish Bank.

# michael-mcgrath - Monday 29 October, 2012

Opposition bemoans lack of progress on bank deal after Schauble visit

Fianna Fáil and Sinn Féin both criticise Noonan and Howlin for failing to extract public commitments from the German minister.

# michael-mcgrath - Saturday 20 October, 2012

Govt insists agreement to address bank debt stands, FF says it's in denial

The government has continued to insist a deal on Ireland’s debt still stands despite comments from the German chancellor yesterday.

# michael-mcgrath - Thursday 18 October, 2012

1,700 bankers in state covered banks paid over €100,000

861 in AIB, 61 in Permanent TSB, 143 in IBRC and 644 in Bank of Ireland paid over €100,000.

# michael-mcgrath - Thursday 27 September, 2012

Burton 'saddened' to see Shortall go - but affirms confidence in Reilly

The Minister for Social Protection says every member of government “has confidence in every other minister”.

# michael-mcgrath - Tuesday 25 September, 2012

Bank of Ireland raises mortgage interest rates by 0.5pc

Mortgage holders have been written to in the last days informing them of an increase in rates from late next month.

# michael-mcgrath - Monday 6 August, 2012

Call for Gardaí to investigate insider NAMA deal

It was revealed yesterday that a former employee of NAMA bought a house from the agency’s property portfolio.

# michael-mcgrath - Tuesday 31 July, 2012

McGrath: Banks not passing on ECB rate cut is 'disgraceful' ECB

McGrath: Banks not passing on ECB rate cut is 'disgraceful'

Only two banks in Ireland passed on last month’s rate cut to their standard variable rate customers, Fianna Fáil finance spokesperson Michael McGrath has said.

# michael-mcgrath - Tuesday 3 July, 2012

Ulster Bank customers are not low priority, says RBS

The bank said faster resolution of problems in the UK was simply a technological issue.

# michael-mcgrath - Saturday 23 June, 2012

Some Ulster Bank branches remain open today as problems continue

One TD has warned that the problems at the bank could turn into a ‘more serious crisis’ if it is not fully resolved in the next 48 hours.

# michael-mcgrath - Tuesday 12 June, 2012

FF says Taoiseach must clarify suggestion bank guarantee file was shredded

Enda Kenny said today there was no file in the Department of Taoiseach related to the discussions surrounding the bank guarantee of September 2008, suggesting it may have been shredded.

# michael-mcgrath - Wednesday 23 May, 2012

NTMA: No access to ESM would mean no access to markets either

Michael Noonan says the NTMA believes bond markets won’t lend to Ireland if it doesn’t have recourse to the ESM’s backup.

# michael-mcgrath - Monday 21 May, 2012

Noonan dismisses plan for government bonds linked to tax income

Fianna Fáil’s Michael McGrath had asked the finance minister to consider a bond specifically linked to exchequer returns.

# michael-mcgrath - Wednesday 16 May, 2012

Government will not oppose FF bill regulating debt advice services

A Fianna Fáil bill proposes to regulate the growing number of debt management advice firms.

# michael-mcgrath - Wednesday 2 May, 2012

1,065 top bankers earn basic salary over €100K

Hundreds of bankers in AIB, Permanent TSB – all essentially State-owned institutions – are taking home basic salaries in excess of €100,000.

# michael-mcgrath - Tuesday 24 April, 2012

Government likely to vote against FF proposal to cut fuel duty

Fianna Fáil is to bring legislation before the Dáil this evening to cut fuel excise duty by 4 cent, offering an effective cut in fuel prices of 5 cent.

# michael-mcgrath - Monday 2 April, 2012

NTMA management agree to 15 per cent pay cut

However, one senior employee at the State agency refused to accept the reduction.