Posted 24/01/12
The Minister for Finance Michael Noonan must press the President of the ECB Mario Draghi today on a timeline for a conclusion to be reached on the negotiations surrounding the debt associated with the recapitalisation of Anglo Irish Bank and Irish Nationwide Building Society (now known as ‘Irish Bank Resolution Corporation’ or IBRC), according to Fianna Fáil Finance Spokesperson Michael McGrath. Read More |
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Posted 18/01/12
Fianna Fáil Spokesperson on Finance Michael McGrath has welcomed the statement by Minister of State Brian Hayes in the Dáil this afternoon that the fees being paid to the Special Manager appointed to Newbridge Credit Union by the Central Bank are ‘excessive’ and ‘should be reviewed’. Minister Hayes was responding to a topical issues debate in the Dáil submitted by Deputy McGrath. Read More |
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Posted 13/01/12
The Government’s decision to increase the standard rate of Vat by 2% in last December’s budget will cost the HSE €50 million in 2012, according to a Dáil reply from the Minister for Health to Fianna Fáil’s Finance Spokesperson Michael McGrath. Deputy McGrath estimates that the cumulative impact of the Vat increase across the public sector exceeds €100m in 2012. Read More |
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Posted 08/01/12
The Budget announced by Minister for Finance Michael Noonan on 7 December 2011 provided for additional taxation receipts from the targeting of pensioners by the Revenue, even though the initiative only emerged this week following demand letters being received by pensioners, according to Fianna Fáil Finance Spokesperson Michael McGrath. Read More |
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Posted 06/01/12
The Department of Social Protection needs to conduct a rigorous assessment of the claim by Vita Cortex that it is unable to pay the redundancy due to the 32 former workers at the Cork plant, according to Fianna Fáil Finance Spokesperson and Cork South Central TD Michael McGrath. Read More |
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Posted 05/01/12
The Government needs to come forward with an ambitious jobs strategy early in 2012 with specific job creation targets to tackle the country’s unemployment crisis, according to Fianna Fáil Finance Spokesperson Michael McGrath. Read More |
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Posted 04/01/12
The Irish Government needs to clarify its position on the proposed introduction of a European Financial Transactions Tax in light of the comments by a French Minister that the tax will be in place by year end, according to Fianna Fáil Finance Spokesperson Michael McGrath.
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Posted 31/12/11
The 2% Vat increase which takes effect at midnight tonight will further depress consumer sentiment at a time when the domestic economy is at its weakest point, according to Fianna Fáil Finance Spokesperson Michael McGrath. Read More |
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Posted 29/12/11
Fianna Fáil Finance Spokesperson Michael McGrath TD has published a Bill empowering the Financial Services Ombudsman to publish and report upon complaints, investigations and adjudications against regulated financial service providers. Read More |
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Posted 22/12/11
Fianna Fáil Finance Spokesperson Michael McGrath has called on the Minister for Finance Michael Noonan to proactively engage with management at Permanent TSB to bring its interest rates into line with market rates.
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