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Finance Minister Michael Noonan delivers Budget 2014

Ministers deliver Budget 2014

The Finance Minister has told the Dáil said that the sacrifices of people have had to make in recent years are well known.

Business • 16 Oct 13

Finance Minister Michael Noonan says €2.5 billion to be taken out of economy in next week's Budget

Dept of Finance forecasts growth of 1.8% in 2014

The Department of Finance has told an Oireachtas Committee that it expects the economy to grow by 1.8% next year.

Business • 08 Oct 13

Michael Noonan said he aims to beat the deficit target, achieve a primary surplus and enable Ireland to exit the bailout

Noonan coy on precise Budget adjustment plans

Minister for Finance Michael Noonan has refused to say how far under the planned €3.1bn adjustment he will go in the upcoming Budget.

News • 04 Oct 13

Michael Noonan said he is working towards the 'best budget possible'

Noonan sees flexibility around Budget cuts

Minister for Finance Michael Noonan has said there was some flexibility around the planned €3.1 billion of cuts due in next month's Budget.

Business • 24 Sep 13

Members of the TUI and ASTI work together at around 120 secondary schools

ASTI warned over compulsory redundancy protection

Minister for Education Ruairi Quinn has warned ASTI secondary teachers they will lose their protection from compulsory redundancy after rejecting the Haddington Road Agreement.

News • 24 Sep 13

Michael Noonan said that if the 9% rate was retained he would have to find €360m elsewhere

Return to 13.5% VAT rate for tourism sector likely

Minister for Finance Michael Noonan has indicated that the 9% rate of VAT for the hotel and tourism industry will rise in the forthcoming Budget.

News • 20 Sep 13

Michael Noonan says ''unrealistic'' to suggest all of the Budget savings could be made just through tax increases

Budget to be a mix of spending cuts and tax hikes

Finance Minister Michael Noonan has said that no specific Budget proposals have been decided yet.

Business • 19 Sep 13

Michael Noonan says those with the broadest shoulders will bear the biggest burden in Budget

Noonan says Budget 2014 will be fair

The Finance Minister has said his priority for Budget 2014 is to make sure we get a ''modest primary surplus'' in the country's national finances.

Business • 16 Sep 13

Michael Noonan's plan is that the money would act as a comfort to the financial markets

€10 billion credit line for bailout exit - Noonan

Minister for Finance Michael Noonan has suggested that Ireland may require a €10 billion backstop from the EU and IMF in order to engineer a smooth exit from its bailout at the end of this year.

Business • 06 Sep 13

Financial Services Ombudsman's new 'name and shame' powers to come into effect from 1 September

Financial Ombudsman given 'name and shame' powers

Michael Noonan has given the Financial Services Ombudsman the power to ''name and shame'' financial service providers who have at least three complaints against them substantiated.

Business • 27 Aug 13

Michael Noonan said eurozone ministers shared the IMF's objective for a return to economic growth

Noonan to 'engage' with Troika on bailout exit

Minister for Finance Michael Noonan has said he wants to "engage seriously" with Troika representatives in the coming days on how Ireland will exit its bailout and what assistance the EU and IMF might be able to provide.

News • 09 Jul 13

Michael Noonan said the upcoming Budget would be tough despite the promissory note deal

Noonan warns of 'tough' Budget ahead

Minister for Finance Michael Noonan has warned October's Budget will be tough, even if the Government decides to use all of the proceeds from the promissory note deal to reduce the level of cuts and tax increases.

News • 01 Jul 13

Red C survey shows an increase in loan refusals among the non-pillar banks

Banks turn down almost 1 in 5 loan applications

A survey shows that while demand for credit among smaller and medium-sized businesses remains low, almost one in five loan applications are still being declined by the banks.

Business • 26 Jun 13

Michael Noonan hopes for EU agreement on winding up failed banks when finance ministers meet again on Wednesday

Noonan hopeful of EU agreement on failed banks

Minister for Finance Michael Noonan has said that he is optimistic that agreement can be reached on a mechanism to wind up failed banks when his EU colleagues meet on Wednesday.

News • 24 Jun 13

This is Michael Noonan's final time chairing a meeting of EU finance ministers

EU in talks on policy to wind down failing banks

Minister for Finance Michael Noonan is chairing a meeting of EU finance ministers in Luxembourg seeking agreement over a mechanism to wind-down failing banks.

News • 22 Jun 13

The Department of Finance documents are the first step in discussions about the next Budget

Dept of Finance sets out stall on Budget 2014

The Department of Finance is sending the first document setting out the parameters of Budget 2014 to other Government departments today, Minister for Finance Michael Noonan has said.

Business • 19 Jun 13

Michael Noonan said mistakes had been made refusing to allow losses to be imposed on senior bondholders

Noonan admits 'mistakes' made with Troika

Minister for Finance Michael Noonan has said Ireland has "quite a good relationship" with the Troika, but admitted there had been mistakes in the bailout programme.

News • 13 Jun 13

Michael Noonan says there is unfair pressure being put on Ireland

US Chamber of Commerce disappointed by tax talk

The American Chamber of Commerce in Ireland has expressed disappointment with recent comments by US politicians on Ireland's tax regime.

Business • 12 Jun 13

Michael Noonan (R) speaks to Spain's finance minister Luis De Guindos Jurado ahead of Brussels meeting

Talks on proposed new European banking union

European Union finance ministers are meeting in Brussels on a controversial element to the proposed new European banking union.

News • 14 May 13

Michael Noonan said the framework would improve the position of bank depositors

Noonan outlines EU bank resolution framework

The Minister for Finance has outlined the resolution framework designed to deal with “all types of bank problems, including insolvency”, due to be discussed at next week’s ECOFIN meeting.

Business • 08 May 13

Reports that agreement has been reached on timing of Irish banks' stress tests

Irish bank tests ahead of Europe - sources

Ireland has resolved a standoff with its lenders over the timing of stress tests of the bailed-out banks that threatened to cloud its exit from an EU-IMF bailout at the end of the year, reports say.

Business • 03 May 13

Michael Noonan says Ireland does not want to be seen as a special case any longer

Noonan to resist pressure for early bank tests

Ireland will not allow its banks to be treated differently to others in Europe, Finance Minister Michael Noonan said today.

Business • 02 May 13

'Substantial contribution' expected from banks

Taoiseach Enda Kenny has said the banks are to outline cost-cutting plans within two weeks, which will include a "substantial contribution" from the leadership of the banks.

News • 24 Apr 13

Richie Boucher received pay and benefits of €843,000 last year

Government will not oppose BOI chief's pay

The Minister for Finance will not be opposing the salaries of the CEO of Bank of Ireland at its annual court tomorrow, according to Junior Minister Brian Hayes.

Business • 23 Apr 13

European Commission President Jose Manuel Barroso says austerity had reached its natural limits of popular support

Possibility of 'spare capacity' next year - Noonan

Finance Minister Michael Noonan has said if there is spare cash after next year's Budget, it will be used to grow the economy and create jobs.