Paschal Donohoe: Latest News

All news where Paschal Donohoe is mentioned

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04.05.2022 / 17:07

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Public finances show deficit of €1.1bn at end of April

There was a deficit in the public finances of €1.1 billion at the end of April.

Paschal Donohoe business Coronavirus

Thousands of employers repay wage subsidies to Revenue as finances improve

The Minister for Finance has strongly encouraged businesses who availed of the Covid-19 wage subsidy schemes, but subsequently had a strong financial year, to consider their positions.

Paschal Donohoe business politics

Donohoe says he's optimistic about economic recovery in 2022

Minister for Finance Paschal Donohoe has said that the heightened level of pandemic supports will remain in place until the end of January in line with most recent public health restrictions.

Paschal Donohoe Ireland business

No changes to Budget framework despite better tax receipts - Donohoe

The Minister for Finance has said he is not looking at making any further changes to the framework for October's budget beyond what was set out in the Summer Economic Statement, despite better than expected tax receipts in recent months.

Paschal Donohoe business Coronavirus

Level of spending during Covid-19 crisis not sustainable - Martin

The Taoiseach has said the level of spending by the Government during the Covid-19 pandemic, is "not sustainable" and must "move to the next stage".

Paschal Donohoe Micheál Martin Michael Macgrath business Coronavirus

Donohoe says more must done to help first time buyers

Minister for Finance Paschal Donohoe has said he appreciates the urgency of Ireland's housing situation, and he acknowledged that the Government must do more to alleviate the challenges faced by first time buyers.

Paschal Donohoe Claire Byrne Ireland business Coronavirus pup

Changes to Covid restrictions 'gradual and cautious' - Donohoe

Minister for Finance Paschal Donohoe has said any possible changes to Covid restrictions will be "gradual and cautious".

Paschal Donohoe Ireland city Dublin business Coronavirus

Donohoe says public finances still within overall budget

The Minister for Finance, Paschal Donohoe has said the public finances are still within the overall budget published last October.

Paschal Donohoe Ireland business Coronavirus

Donohoe says current virus measures are 'significant'

The Minister for Finance has said Government measures on mandatory quarantine are significant and dismissed criticism that they do not go far enough.

Paschal Donohoe Ireland politics Coronavirus

EWSS could cost €3.7bn if continued beyond March - Donohoe

The Employment Wage Subsidy Scheme would cost an extra €3.7 billion if extended beyond March to the end of this year, Finance Minister Paschal Donohoe has confirmed.

Paschal Donohoe Ged Nash business Coronavirus

Concerns hospitality sector will not reopen until after Easter

There is growing expectation that the re-opening of the hospitality sector will not begin until after Easter at the very earliest.

Leo Varadkar Paschal Donohoe Catherine Martin Ireland business Coronavirus

Donohoe urges 'discretion and restraint' over Christmas

Minister for Finance Paschal Donohoe has said people need to "exercise discretion and restraint" over the Christmas period to minimise further Covid-19 health risks, which in turn will "profoundly influence what 2021 looks like".

Morning Ireland Paschal Donohoe Ireland business politics Coronavirus

Donohoe says focus is on getting people back to work

The Minister for Finance has said that the Covid Restrictions Support Scheme (CRSS), which offers up to €5,000 to businesses closed or severely impacted by Covid-19 restrictions, will be extended by one week.

Paschal Donohoe Claire Byrne Ireland business Coronavirus focus

'Intense discussions' on exiting Level 5 under way - Donohoe

"Intense discussions" on how the country will exit Level 5 restrictions are "necessary" and are under way, the Finance Minister has said, describing it as a "decision of magnitude".

Paschal Donohoe business Coronavirus

Leve 5 Covid restrictions to push Budget deficit up to €23 billion

Finance Minister Paschal Donohoe has said the budget deficit this year will now be €23 billion, up approximately €1.25 billion on the figure outlined in last week's Budget.

Paschal Donohoe Ireland business Coronavirus

Economic hit from Covid less than expected but Brexit to impact next year - Finance

The Department of Finance has significantly revised upwards its outlook for the economy this year.

Paschal Donohoe business

Mortgage break issue on agenda as Donohoe to meet bank chiefs

Minister for Finance Paschal Donohoe is to meet the CEOs of the country's main retail banks today, as pressure grows on them to further extend their offer of loan repayment breaks.

Paschal Donohoe Ireland business politics Coronavirus

PUP/TWSS recipients to discover tax liabilities in January - Revenue

People who have received payments under the Pandemic Unemployment Payment (PUP) and Temporary Wage Subsidy Scheme (TWSS) are to receive bills for any tax they owe as a result in January.

Paschal Donohoe business Coronavirus

Donohoe urges banks to show sensitivity on payment breaks

The Minister for Finance has said he will be asking the chief executives of the main banks here to demonstrate sensitivity and understanding to those whose loan and mortgage breaks are coming to an end.

Paschal Donohoe business Coronavirus

Budget 2021 will focus on crisis management - Donohoe

The Minister for Finance has confirmed that the Government does not plan to make any changes to income tax, USC or PRSI in October's budget.

Paschal Donohoe Ireland business Coronavirus focus

EWSS to cost the state less than TWSS - Donohoe

The Government's new Employment Wage Subsidy Scheme will cost the state over €0.5 billion less that the Temporary Wage Subsidy Scheme, despite running for two months longer, according to the Minister for Finance.

Paschal Donohoe Ged Nash business Coronavirus

New EWSS aims to save jobs for longer - Donohoe

Finance Minister Paschal Donohoe has said that employers will have to re-register for the new Employment Wage Subsidy Scheme.

Paschal Donohoe business Coronavirus

Phil Hogan controversy: The last thing the EU needs

In July the Economist described Ireland as "an unlikely diplomatic superpower."

Paschal Donohoe Phil Hogan Ireland Canada Eu politics Europe Coronavirus

Govt to 'examine' Employment Wage Subsidy Scheme for proprietary directors

The Minister for Finance has said the Government will "examine" the position of proprietary directors who have been excluded from the new wage subsidy scheme.

Paschal Donohoe Ireland business Coronavirus

TWSS 'cornerstone' of Covid-19 response - Donohoe

The Minister for Finance, Paschal Donohoe, has said changes are coming to corporation tax globally and that this will have repercussions for Ireland.

Paschal Donohoe European Commission Ireland Eu business Coronavirus

Government aware of challenges facing businesses - Donohoe

The Minister for Finance has said the Government accepts that some businesses may not be able to pass on the full cut in VAT announced in yesterday's July stimulus.

Paschal Donohoe business Coronavirus Aware

Employers won't be forced to top up subsidy payments - Donohoe

The Minister for Finance has ruled out introducing measures to force employers availing of the Temporary Wage Subsidy Scheme to top-up their employees' subsidy payments.

Paschal Donohoe Ged Nash Eu covid-19 business Coronavirus

Wage subsidy scheme will not come to 'an abrupt end' - Donohoe

Minister for Finance Paschal Donohoe has said while he does not know how long the Temporary Wage Subsidy Scheme will continue, it will not come to "an abrupt end".

Morning Ireland Paschal Donohoe Ireland business Coronavirus

Donohoe rules out 'clawback mechanism' over TWSS

The Minister for Finance has ruled out any clawback of Temporary Wage Subsidy Scheme (TWSS) supports from employers who subsequently lay off substantial numbers of staff.

Paschal Donohoe Ged Nash Ireland business Coronavirus

Getting people back to work biggest challenge facing new government - Donohoe

The Minister for Finance has said he thinks the biggest challenge facing the next government will be getting the country back to work.

Paschal Donohoe business Unemployment Coronavirus

Govt approves €6.8bn extra funding for social protection as spending limit nears

The Government has signed off on €6.8 billion in extra funding for the Department of Employment Affairs and Social Protection, as it is due to reach this year's spending limit early next month.

Paschal Donohoe politics Government Unemployment Coronavirus

No decision yet on extending Covid-19 payments- Donohoe

Minister for Finance, Public Expenditure and Reform Paschal Donohoe said no decision has been made yet on extending the Covid-19 Pandemic Unemployment Payment beyond 8 June.

Morning Ireland Paschal Donohoe Ireland business Coronavirus

Donohoe says Covid-19 funding measures can't go on indefinitely

The Minister for Finance has said the State can afford to continue to fund the measures put in place by the Government to deal with the fallout from the Covid-19 pandemic.

Paschal Donohoe business Coronavirus

Donohoe: Economy will have to grow to deal with cost of Covid-19

The Minister for Finance has said that Ireland will have to "in some way pay" in the future for the Covid-19 related expenditure.

Paschal Donohoe Ireland business Coronavirus

Paschal Donohoe: Return to work key in economic recovery

Minister for Finance, Public Expenditure and Reform Paschal Donohoe has told the Dáil that getting people back to work is a central focus of the recovery.

Paschal Donohoe Michael Macgrath Ireland politics Coronavirus

Coronavirus questions to the fore as Dáil returns

The government's handling of the Covid-19 crisis will be the focus of extensive debate when the Dáil returns later today.

Leo Varadkar Paschal Donohoe Ireland covid-19 Coronavirus

Coronavirus: Ireland to ban all mass gatherings until August

Ireland is expected to ban all mass gatherings until August as part of its coronavirus restrictions.

Paschal Donohoe Ireland gatherings Coronavirus

Irish GDP to fall by 10.5% this year due to Covid-19

The Minister for Finance and for Public Expenditure and Reform has said that both the Irish and global economic landscape have fundamentally changed due to the outbreak of Covid-19.

Paschal Donohoe Ireland business Unemployment Coronavirus fall

Motor insurance body to examine Covid-19 refund scheme

The body which represents around 90% of all motor insurers in Ireland says its committed to looking into how a refund scheme for drivers could be rolled out here.

Paschal Donohoe Insurance Ireland Ireland Coronavirus

Income supports can be sustained for 12 weeks - Donohoe

The Minister for Finance, Public Expenditure and Reform has said he is "absolutely certain" that all of the income support commitments made by the Government can be sustained for the agreed 12 week period.

Paschal Donohoe Sean Orourke business Coronavirus

Bono begs South Korea President Moon Jae-in to help Ireland overcome coronavirus

Bono has pleaded with South Korea President Moon Jae-in to support Irleand as they battle to beat the coronavirus

Paschal Donohoe Moon Jae China South Korea Ireland president crisis Coronavirus

Donohoe: Extra health spend will be up to €2 billion

The Finance Minister has told his Cabinet colleagues that extra spending on health to deal with Covid-19 crisis will amount to up to €2 billion.

Paschal Donohoe Ireland politics Coronavirus

'Anomalies' in wage subsidy scheme - Donohoe

The Minister for Finance, Public Expenditure and Reform has acknowledged there are anomalies in the Temporary Wage Subsidy Scheme (TWSS), whereby lower paid workers can be worse off in State-subsidised employment that on welfare.

Paschal Donohoe Ireland business Coronavirus

Economic cost of Covid-19 could top €16 billion - Donohoe

The economic cost of the coronavirus crisis through fiscal supports and deferred tax revenue will likely be over €16 billion, Finance Minister Paschal Donohoe estimated today

Paschal Donohoe business Coronavirus

Conor McGregor buying €1million of coronavirus equipment to be deployed in hospitals

Conor McGregor has pledged €1m (£920,000) worth of medical supplies for hospitals in Leinster amid the coronavirus pandemic.

Conor Macgregor Paschal Donohoe Ireland UFC Twitter Conor McGregor

Fine Gael can dictate timing and composition of next government

"I have been very struck by the willingness of colleagues across all political parties to play their role in this time of need and I'm confident that across the coming weeks and months we can sustain that, and I’ll play my part."

Paschal Donohoe covid-19 politics

Donohoe acknowledges Covid-19 payment is a real challenge

The Minister for Finance, Paschal Donohoe, has said he recognises that for many people who have lost their jobs or can't work as a result of the Covid-19 outbreak, the amount of social welfare available will be a real challenge.

Paschal Donohoe covid-19 Ireland

Fine Gael parliamentary party backs Government formation talks

The Fine Gael parliamentary party has backed Leo Varadkar's plan for senior representatives to enter into talks on Government formation.

Leo Varadkar Paschal Donohoe Simon Coveney Ireland politics

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0