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#Paschal Donohoe

# paschal-donohoe - Yesterday’s News

NAMA pays two billion euro in first payment to the Irish Exchequer

The total payment to the Exchequer is expected to be €4.4bn by 2022.

# paschal-donohoe - Thursday 25 June, 2020

Finance Minister Paschal Donohoe puts name forward for top EU job

Donohoe said it would be a “tremendous honour” to lead the Eurogroup through the challenges ahead.

# paschal-donohoe - Monday 8 June, 2020

New Central Bank rules mean moneylenders must place warnings on high interest loans

Ads from moneylenders will now have to contain warnings about high interest rates, as well as encouraging consumers to look for other options

# paschal-donohoe - Friday 5 June, 2020

# paschal-donohoe - Wednesday 3 June, 2020

Paschal Donohoe: 'Wage subsidy scheme will not disappear overnight'

The Pandemic Unemployment Payment and the Temporary Wage Subsidy Scheme will be extended beyond the original June end date.

Dramatic slide in government finances: €6 billion deficit in May compared to €63m last year

The Covid-19 crisis has placed a heavy demand on the country’s finances.

# paschal-donohoe - Thursday 21 May, 2020

Covid-19 brought major changes to labour market by end of first quarter, CSO stats show

Employment levels were down to 1.75 million people by the end of April.

# paschal-donohoe - Friday 15 May, 2020

'The costs of borrowing are real': Finance Minister says €30 billion deficit will have to be balanced

Paschal Donohoe said the country will need to find a way to run a budgetary surplus once more.

# paschal-donohoe - Wednesday 13 May, 2020

Government under fire as business 'restart grant' not up and running, two weeks in

ISME says businesses are ‘bleeding out cash’.

# paschal-donohoe - Saturday 9 May, 2020

Anxiety remains for small business owners despite government recovery plans

Some €2 billion has been promised to SMEs through credit guarantee scheme.

# paschal-donohoe - Wednesday 6 May, 2020

Paschal Donohoe says wage subsidy and pandemic payment will continue 'in some form'

The Finance Minister said however that the level of support may change.

# paschal-donohoe - Sunday 3 May, 2020

Threat of claims against businesses as a result of contracting Covid-19 on the premises to be examined

Finance Minister Paschal Donohoe has asked for an examination of the issue.

# paschal-donohoe - Saturday 2 May, 2020

Donohoe says no decision made yet on extending wage subsidy scheme

The Minister for Finance said he understood the need for clarity on the scheme for businesses going forward.

Commercial rates waiver and €10k restart grants: Government outlines supports to try help businesses recover

Businesses had been calling for supports to help them survive after the disruption caused by Covid-19.

# paschal-donohoe - Thursday 30 April, 2020

Paschal Donohoe says ministers won't take pay cut during Covid-19 pandemic

The finance minister had previously said he would consider actions taken by other governments in terms of pay cuts for politicians.

# paschal-donohoe - Thursday 23 April, 2020

Dáil to sit today to discuss Covid-19 impacts on Ireland's economy

The Taoiseach will answer questions about the public health emergency.

# paschal-donohoe - Wednesday 22 April, 2020

Donohoe describes predicted 22% unemployment rate as 'horrific'

However, the finance minister said Ireland will rebuild its economy.

# paschal-donohoe - Tuesday 21 April, 2020

Donohoe says 'severe recession' hitting Ireland as GDP set to fall 10.5% and unemployment to peak at 22%

“Ireland is on a difficult road,” the Minister for Finance said today.

# paschal-donohoe - Friday 17 April, 2020

Soc Dems meet to consider FF-FG policy doc, but they want more detail

The party wrote to Micheál Martin and Leo Varadkar asking for more detail about the fiscal underpinning.

# paschal-donohoe - Wednesday 15 April, 2020

Pay cuts for politicians not ruled out by minister

New Zealand Prime Minister Jacinda Ardern announced today she will take a 20% pay cut.

Changes to subsidy scheme: State will now pay up to 85% of wages for lower income workers

The Finance Minister today announced a number of changes to the subsidy scheme to address gaps that left some workers worse off.

# paschal-donohoe - Friday 10 April, 2020

Donohoe has 'little reason to doubt' Covid-19 will cause worst economic crisis since Great Depression

The Finance Minister said Ireland will likely have to access some of the financial supports made available by the EU.

# paschal-donohoe - Thursday 9 April, 2020

'Very important step forward': EU finance ministers agree to €500 billion coronavirus rescue deal

Demands from Italy and France for pooled borrowing were put aside in order to strike a deal.

# paschal-donohoe - Friday 3 April, 2020

HSE says some of the PPE flown in from China is 'not appropriate for use'

The Irish government has spent over €200 million on PPE from countries such as China.

'Anomalies have arisen': Donohoe admits 'gap' in wage subsidy scheme for low paid workers

Sinn Féin says workers are being penalised in some cases.

# paschal-donohoe - Thursday 2 April, 2020

Tax revenues last month almost €1 billion lower than March last year

An Exchequer deficit of €2.5 billion was recorded in the first quarter of 2020.

# paschal-donohoe - Friday 27 March, 2020

'Many people will now get paid': Emergency Covid-19 legislation signed into law by President Higgins

The Bill will now be signed into law by President Michael D Higgins.

# paschal-donohoe - Tuesday 24 March, 2020

Minister says he expects insurers to 'play their part and act reasonably' by honouring claims

Claims are being rejected as Covid-19 is not on the list of infectious diseases on some policies.

# paschal-donohoe - Thursday 19 March, 2020

'Robust' supports for renters due to be announced, but access to HAP likely to be ruled out

Government has said landlords will have to show flexibility to their tenants.

Limited number of TDs to attend Dáil sitting to pass emergency Covid-19 legislation

Some have called for a time limited ‘sunset clause’ to be included in the Bill relating to detentions.

# paschal-donohoe - Wednesday 18 March, 2020

Banks to offer three-month mortgage break to customers affected by coronavirus outbreak

Banks will also defer court proceedings for three months.

Paschal Donohoe to meet with five main banks about coronavirus plans

AIB, Bank of Ireland, KBC, Permanent TSB and Ulster Bank will meet Department of Finance officials at 4pm.

# paschal-donohoe - Tuesday 17 March, 2020

Donohoe: 'The normal that we all knew weeks ago - that is a normal that we will not be returning back to'

The Finance Minister said efforts to boost the economy would only be proportionate alongside public health advice.

# paschal-donohoe - Friday 13 March, 2020

New Revenue measures set up for SMEs experiencing cashflow problems

All debt enforcement activity has been suspended until further notice.

# paschal-donohoe - Wednesday 11 March, 2020

'Economic shock' of Covid-19: Some central banks cut interest rates as Lagarde raises spectre of 2008

The economic effects of coronavirus can be mitigated “if we handle it well,” according to the Bank of England.

Pay workers who have to take time off due to Covid-19 illness or self-isolation, Donohoe says

The Minister for Finance said that he was aware this would have “financial consequences” but added supports are in place.

# paschal-donohoe - Monday 10 February, 2020

Social Democrats’ Gary Gannon takes final seat in Dublin Central battleground

The constituency takes in a broad stretch of Dublin’s northside, from the inner city out to Smithfield, and north towards Ashtown and Drumcondra.

# paschal-donohoe - Saturday 1 February, 2020

Paschal Donohoe accused of 'scaremongering' for saying Sinn Féin policies would 'scorch the economy'

Fine Gael, Fianna Fáil and Sinn Féin were accused by the Greens of “sprinkling magic” in their manifestos.

# paschal-donohoe - Thursday 16 January, 2020

FactCheck: Did Paschal Donohoe meet any individual insurance company in the midst of the insurance crisis?

Minister of State Michael D’Arcy said Minister Donohoe has met with the firms, Michael McGrath says he was told otherwise – but who is right?

# paschal-donohoe - Wednesday 15 January, 2020

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