SENATOR PAUL COGHLAN     

SENATOR PAUL COGHLAN SEANAD GOVERNMENT CHIEF WHIP SPEAKING IN THE SEANAD ON THE SPRING ECONOMIC STATEMENT Wednesday 6th May 2015. Apart from being a European requirement this is a very useful exercise as regards the management of our economy and charting as well as plotting our recovery from the brink of the collapse which this government inherited. Rescuing the economy and saving the country was of paramount importance. We did not want to default nor did we want to leave the Eurozone so...

Fine Gael Senator for Kerry and Seanad Chief Whip, Paul Coghlan, has welcomed the progress of NAMA as it continues to sell property and repay debts.

“NAMA has paid off €16.1 billion in bonds to date, with €1 billion of that paid out just this week. NAMA has proven to be a great success in recovering a lot of the debt that was crippling the economy during the recession. It should be note...

I welcome the 14th report of the Credit Review Office and compliment the credit reviewer, Mr. John Trethowan. The report stated that in 56% of appeals, the Credit Review Office found in favour of the borrowers, which has resulted in €29.7 million of extra credit being made available to SMEs and farms, thereby helping to protect or create 2,090 jobs. Ensuring SMEs and farmers have acce...

Seanad Government Chief Whip and Kerry Senator Paul Coghlan has welcomed the development that Community not-for-profit childcare providers will be exempt from commercial rates from early 2015.

An amendment has been introduced in the Seanad to the Valuation (Amendment)(No.2) Bill 2012 which means not-for-profit community childcare providers will be exempt from rates. This will be a major boost for community chi...

Fine Gael Senator and Government Chief Whip in the Seanad, Paul Coghlan has welcomed Budget 2015 which retains the 9% VAT rate for the hotels and tourist industry, and marks the abolition of the Pension Levy by the end of 2015.

“The 9% VAT rate has been hugely effective in boosting the tourist industry in Ireland. This has been particularly important in our o...

Fine Gael Kerry Senator and Seanad Chief Whip, Paul Coghlan, has today welcomed the review of NAMA, which was published this week, and commended the Agency for its work to date. Senator Coghlan was speaking during Order of Business in the Seanad.

“Since it was set up, NAMA has made steady progress in getting value for the Irish taxpayer. If market conditions continue to im...

Competition Authority and the National Consumer Agency to merge

Fine Gael Kerry Senator and Seanad Chief Whip, Paul Coghlan, today (Tuesday) welcomed new legislation which will merge the Competition Authority and the National Consumer Agency into a new pro consumer body.

Speaking in the Seanad today Senato...

Fine Gael Kerry Senator and Seanad Chief Whip, Paul Coghlan, has raised further concerns about the actions of foreign banks exiting the Irish market. Senator Coghlan made his comments today (Wednesday) during Order of Business in the Seanad.

“The Credit Reviewer, Mr John Trethowan, yesterday told the Oireachtas Jobs C...

Fine Gael Kerry Senator and Seanad Chief Whip, Paul Coghlan, has today (Tuesday) commended the Government on the progress it has made since taking Office three years ago. Speaking during Order of Business in the Seanad, Senator Coghlan paid particular tribute to the Minister for Fina...

Fine Gael Kerry Senator and Government Chief Whip in the Seanad, Paul Coghlan, has welcomed the Oireachtas banking enquiry which is due to start work within months. It has been confirmed that a new Oireachtas committee will be established to preside over the inquiry.

“It is high time that the people who...