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Saturday 2 December 2023 Dublin: 2°C

# Paschal Donohoe

All time
'There's no legal restriction': Taoiseach repeats that the advice is not to leave Dublin, 'if possible'
Senior ministers took to the airwaves this morning as cases continue to rise in the capital.
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Sep 16th 2020, 1:28 PM
Yanis Varoufakis calls Paschal Donohoe a 'chronic and pathetic finance minister'
Varoufakis served as the Greek Finance Minister from January to July 2015.
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Sep 12th 2020, 3:33 PM
'There is a lot of uncertainty': Paschal Donohoe warns of Covid-19 impact on recovery, in his first meeting as Eurogroup head
Donohoe is in Berlin for his first meeting as President of the Eurogroup.
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Sep 11th 2020, 12:20 PM
No increase in income tax planned, says finance minister
Paschal Donohoe was speaking about what the upcoming Budget might look like.
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Sep 3rd 2020, 9:58 PM
Taoiseach says hospitality sector was among worst affected by Covid as he launches tax credit scheme
A new scheme will provide a maximum of €125 in income tax credits to taxpayers who spend up to €625 in the hospitality sector.
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Sep 3rd 2020, 2:15 PM
Government records €9.5 billion budget deficit on foot of Covid-19 spending
The figure compares to a deficit of €625m recorded in the same period last year.
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Sep 2nd 2020, 6:45 PM
The Temporary Wage Subsidy Scheme ends next week — so when will you have to pay back all that income tax?
A top accountancy body has called for definitive guidance from the government.
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Aug 29th 2020, 8:00 PM
Wage subsidy scheme recipients who owe income tax won't have to pay it back until next year at the earliest
Paschal Donohoe has previously said that Revenue’s method for recouping the tax will “minismise financial hardship”.
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Aug 28th 2020, 8:55 AM
Government u-turns on exclusion of proprietary directors from wage subsidy scheme
The Employment Wage Subsidy Scheme initially excluded people who were proprietary directors of a company.
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Jul 31st 2020, 7:02 PM
It's a dirty, time-consuming job so why would Paschal want to become head of the Eurogroup?
Experts say that increased Irish influence in Europe could come at a cost.
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Jul 11th 2020, 12:05 AM
Paschal Donohoe says it's 'frustrating' to see another costs row over National Children's Hospital
BAM released a statement saying that it was excluded from the government’s Covid-19 ex-gratia payments, which it called “unfair”.
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Jul 10th 2020, 1:17 PM
Donohoe wins in bid to become president of the group of Euro finance ministers, says EU recovery fund is first priority
Donohoe faced opposition from finance ministers in Spain and Luxembourg for the Eurogroup presidency.
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Jul 9th 2020, 8:05 PM
Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme
A number of mortgage applicants have been told they cannot draw down their mortgage due to being on the scheme.
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Jul 8th 2020, 6:10 AM
Paschal Donohoe: Wage subsidy scheme 'won't come to abrupt end'
The Finance Minister noted the ‘particular’ value of the scheme to government.
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Jul 3rd 2020, 9:10 AM
Extra bank holiday not ruled out as tourism industry says Covid-19 impact has been 'catastrophic'
Fáilte Ireland is calling for the VAT rate to be changed to 5% to help the tourism sector.
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Jul 2nd 2020, 7:07 PM
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.
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Jul 1st 2020, 5:21 PM
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.
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Jun 25th 2020, 5:02 PM
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
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Jun 8th 2020, 4:55 PM
Pandemic payments to continue until August, with reduced PUP for part-time workers from 29 June
It follows a cabinet meeting today.
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Jun 5th 2020, 12:41 PM
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.
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Jun 3rd 2020, 5:29 PM
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.
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Jun 3rd 2020, 3:20 PM
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.
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May 21st 2020, 4:49 PM
'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.
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May 15th 2020, 9:10 AM
Government under fire as business 'restart grant' not up and running, two weeks in
ISME says businesses are ‘bleeding out cash’.
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May 13th 2020, 6:45 AM
Anxiety remains for small business owners despite government recovery plans
Some €2 billion has been promised to SMEs through credit guarantee scheme.
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May 9th 2020, 6:30 AM
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.
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May 6th 2020, 9:15 AM
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.
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May 3rd 2020, 7:15 AM
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.
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May 2nd 2020, 1:32 PM
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.
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May 2nd 2020, 12:45 PM
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.
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Apr 30th 2020, 7:56 PM
Dáil to sit today to discuss Covid-19 impacts on Ireland's economy
The Taoiseach will answer questions about the public health emergency.
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Apr 23rd 2020, 6:10 AM
Donohoe describes predicted 22% unemployment rate as 'horrific'
However, the finance minister said Ireland will rebuild its economy.
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Apr 22nd 2020, 10:20 AM
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.
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Apr 21st 2020, 3:00 PM
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.
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Apr 17th 2020, 1:19 PM
Pay cuts for politicians not ruled out by minister
New Zealand Prime Minister Jacinda Ardern announced today she will take a 20% pay cut.
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Apr 15th 2020, 4:27 PM
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.
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Apr 15th 2020, 1:30 PM
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.
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Apr 10th 2020, 11:09 AM
'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.
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Apr 9th 2020, 10:33 PM
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.
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Apr 3rd 2020, 7:01 PM
'Anomalies have arisen': Donohoe admits 'gap' in wage subsidy scheme for low paid workers
Sinn Féin says workers are being penalised in some cases.
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Apr 3rd 2020, 5:38 PM
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