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Friday 22 September 2023 Dublin: 12°C

# Department of Finance

All time
Here are the Merrill Lynch reports that underestimated the bank bailout by €47bn
These are the full documents prepared for the Department of Finance and the National Treasury Management Agency at the height of the crisis.
Banks will not be allowed introduce fees without approval
Which is good news for small and medium businesses, says a spokesperson.
Nearly 60,000 mortgages in long-term arrears have not been restructured
Data from the Department of Finance shows that 59,226 mortgages in arrears of 90 days plus have not been restructured, though this is down on 62,643 in September last year.
Noonan doesn't know how many people had access to missing bank guarantee letters
The Finance Minister has said the search is continuing for two letters that have gone missing from the Department of Finance.
Noonan may ask Bank of Ireland for missing bank guarantee documents
The Department of Finance is now making efforts to locate two letters related to the bank guarantee which have gone missing, according to Minister Michael Noonan.
'We need to get to the bottom of this': More details sought on missing bank guarantee letters
Meanwhile, the Taoiseach expressed concern over the loss of documents related to the bank guarantee in the Department of Finance.
Howlin says officials looking for lost documents - but Department won't say if they are
The Minister was responding to revelations that two documents related to the bank guarantee have gone missing from the Department of Finance, but it’s not clear if officials are trying to find them.
John McGuinness: Missing bank guarantee documents need to be found
The chair of the Public Accounts Committee said he is “appalled” by the news that documents related to the bank guarantee have gone missing in the Department of Finance.
The Department of Finance has lost letters connected to the bank guarantee
The disappearance of the original versions of two letters copied to finance minister Brian Lenihan has been uncovered by the Sinn Féin TD Pearse Doherty through Freedom of Information.
Almost 50,000 mortgages have now been restructured
The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.
NAMA to be called before Public Accounts Committee over leak allegations
Hearings are likely to take place with National Asset Management Agency and Department of Finance officials in the New Year.
The NTMA will play it safe and look to raise €6-10 billion on bond markets in 2014
The NTMA say that they will not “run out the door” to make a long-term bond sale.
Quinn family 'has 5% of Anglo Tapes, but didn't leak them'
In an interview on The Pat Kenny Show, Sean Quinn denied claims his family leaked tapes to INM newspapers and Sinn Féin.
John McCarthy appointed Chief Economist at Department of Finance
The department also announced the appointment of Des Carville as head of its Shareholder Management Unit.
After 12 reviews and at least a few "discordant words," Noonan and Howlin bid farewell to the troika
The Finance Minister described it as a “red letter day” while Howlin said that after years of intensive discussion, the bailout officials had steadily become “friends of Ireland”.
IMHO: ‘Interest only repayments are not a long-term solution to mortgage arrears’
The Irish Mortgage Holders Organisation said the new mortgage restructuring figures are concerning.
VAT receipts down for tenth month in a row
All four of the big tax heads were down last month though
Work to do on mortgage restructuring as long-term arrears remain high
The Department of Finance has begun to publish monthly reports on mortgage restructuring.
Homeowners can claim tax relief on renovation and repair work from tomorrow
Measures announced by Michael Noonan in the Dáil last week will be legislated for next month.
8 things we learned from Brian Hayes's Budget 2014 Q&A on Twitter
… and a few questions the Minister didn’t want to answer…
Cigarettes and lots of debt: 7 things in Budget 2014 that you may have missed
We’ve read the Budget documents so you don’t have to…
Department spent €875,000 on media advertising in last five years
There was a surge in spending on media advertisements in 2011, with €437,992 spent that year.
IN FULL: Michael Noonan's Budget 2014 speech
Did you miss the minister’s Budget 2014 announcement earlier? Don’t worry, we’ve got you covered.
The Minister who 'couldn't be bothered' with Twitter is doing a Budget Q&A on Twitter
Someone’s changed their tune…
Stephen Donnelly: The Troika targets can be met with no additional budget measures
But just because we don’t have to become more efficient, that doesn’t mean there aren’t some adjustments that we should make, writes the independent TD.
How does the government spend your taxes? This TD can tell you
Or rather Eoghan Murphy’s tax transparency calculator can give you a good idea of what your hard-earned money is being spent on
Department of Finance expects 1.8 per cent growth next year
However, that forecast is based on a €3.1 billion adjustment in Budget 2014.
Noonan confirms Budget adjustment is going to be 'slightly ahead of €2.5 billion'
Speaking on his way into the Cabinet meeting this morning Noonan said that the Budget adjustment of tax increases and expenditure cuts will be “slightly ahead of €2.5 billion”.
Budget adjustment will be ‘somewhat less’ than €3.1 billion – Noonan
Minister for Finance Michael Noonan said that it’s too early to give any further details on the exact figure.
Troika told that Ireland will speed up repossession processes
The latest MOU between the Irish government and the Troika shows that steps have been taken to ensure that when repossession is merited, the procedures will be “timely and accurate”.
Questions asked about Apple's relationship with Department of Finance
Sinn Féin TD Pearse Doherty produced a series of emails from Apple executives to the Secretary General of the Department of Finance at an Oireachtas sub-committee meeting today.
Taoiseach calls on Government to 'look busy': The week's news skewed
Breaking via The Mire wire: FAI looks for a manager who speaks English, Obama considers what to do about the Seanad, and Dáil reform ‘completely unnecessary’.
Here are the sign-in books for the Finance and Taoiseach departments from September 2008
The books are not a complete record of who visited the Departments in the weeks before the bank guarantee was issued but provide a fascinating insight.
Finance Committee demands forecast data from department ahead of budget
The committee wants access to the same data and presentations that will be provided to the Economic Management Council.
Exchequer returns: VAT receipts nearly €250 million behind target
But the deficit for the first eight months of this year was over €4 billion less than it was in the first eight months of 2012.
Want to work in the civil service? New jobs being advertised from today
The civil service is looking to fill positions in the Departments of Finance and Public Expenditure and Reform in the coming months.
Banks loaned just €3m to scientific research SMEs since 2010
The SME sectors that fared the best as regards loans over the last three years were agriculture and property investment and development.
The Department of Finance spent €3.6 million on consultancy fees in the last year
Legal fees related to the Bank Guarantee account for much of the expenditure, but other consultancies cost the State around half a million euro.
Taoiseach won't say if record-keeping methods have changed in his department
Enda Kenny has bemoaned the “paucity” of documentation in his Department related to the previous government’s decision to issue a bank guarantee in September 2008 but won’t say if record-keeping methods have changed.
Over €5 million spent on bank guarantee legal advice since 2011
Over €5 million has been spent with one legal firm alone since 2011 on advice related to the controversial bank guarantee scheme of 2008.