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Tuesday 26 September 2023 Dublin: 16°C

# Paschal Donohoe

All time
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.
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.
'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.
Government under fire as business 'restart grant' not up and running, two weeks in
ISME says businesses are ‘bleeding out cash’.
Anxiety remains for small business owners despite government recovery plans
Some €2 billion has been promised to SMEs through credit guarantee scheme.
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.
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.
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 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.
Dáil to sit today to discuss Covid-19 impacts on Ireland's economy
The Taoiseach will answer questions about the public health emergency.
Donohoe describes predicted 22% unemployment rate as 'horrific'
However, the finance minister said Ireland will rebuild its economy.
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.
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.
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.
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.
'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.
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.
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.
'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.
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.
'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.
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.
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.
New Revenue measures set up for SMEs experiencing cashflow problems
All debt enforcement activity has been suspended until further notice.
'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.
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 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.
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?
'Nutters' dismissal, Leo in a forklift and 'silly attacks': Parties get out for the first full day on the campaign trail
The Taoiseach hit the road to Monaghan.
Government departments now 'carbon taxed' on air travel
The tax will be paid into the government’s Climate Action Fund every year.
Ireland's corporation tax receipts set to take a hit under new rules and fall by up to €2bn
Ireland’s corporation tax increased again this year.
Transitioning to 4-day working week in public service could cost at least €3.9 billion, Donohoe says
The government doesn’t appear keen on the prospect of a four-day week in the public service.
Ireland's corporation tax take expected to rise again this year, but Donohoe admits it can't be relied upon in future
Donohoe said this morning that the Exchequer ran a €1.5 billion surplus last year.