Michael Mcgrath

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Credit unions hold about €1.8 billion in investments   in the UK.

Credit unions in the Republic may have to withdraw €1.8 billion of deposits and investments lodged with financial institutions in the UK in the event (...)

Minister for Finance Paschal Donohoe’s cautious budget was entirely appropriate given the huge uncertainty facing the country over Brexit. Photograph: Paulo Nunes dos Santos/Bloomberg

Minister for Finance Paschal Donohoe’s cautious budget was entirely appropriate given the huge uncertainty facing the country over Brexit. For that ve(...)

In his Budget 2020 speech, Minister for Finance Paschal Donohoe  promised a variety of financial “interventions” for sectors hit by the UK crashing out of the European Union. Photograph: Alan Betson

In the event of a no-deal Brexit, there will be a sudden swing from surplus to deficit. Government funds will drop from the panel above your head. Pul(...)

Paschal’s day in the sun was overshadowed by the UK prime minister, Boris Johnson, and his Brexit negotiations

Budget Day is invariably associated with one individual: the Minister for Finance. This is their day in the sun. He or she even delivers it from the (...)

Fianna Fail’s finance  spokesman Michael McGrath. Photograph: Laura Hutton

Fianna Fáil has sharply criticised the Government’s management of exchequer funds and claimed that “the resources have not been well spent”. The part(...)

Minister for Finance and Public Expenditure and Reform Paschal Donohoe will have €2.8 billion to spend on budget day itself, of which €2.1 billion has already been committed. Photograph: Gareth Chaney/Collins

A fund of up to €900 million to help sectors of the economy most at risk from the effects of a no-deal Brexit is expected to be the centrepiece of nex(...)

Fianna Fáil finance spokesman Deputy Michael McGrath and Barry Cowen, the public expenditure spokesman, are still negotiating the details of the budget with Fine Gael. File photograph: Alan Betson

There is less money available for spending on new measures in the budget than had been previously flagged by Minister for Finance Paschal Donohoe, Fia(...)

 Minister for Business, Enterprise and Innovation Heather Humphreys (above) and Minister for Social Protection Regina Doherty are working jointly on the plan. Photograph: Gareth Chaney/Collins

Businesses deemed to be “vulnerable but viable” in the wake of a no-deal Brexit will be targeted for supports in a new initiative set to be announced (...)

The Irish Banking Culture Board’s chairman Mr Justice John Hedigan.

The chairman of the new Irish Banking Culture Board has said he remains sceptical, but optimistic, that the State’s banks are committed to improving h(...)

Minister for Finance and Public Expenditure Paschal Donohoe: indicated that the Government would give details in October of the contingency measures to be put in place for the Border. Photograph:  Niall Carson/PA Wire

Government funding will go beyond the pledged €2.8 billion package for Budget day in the event of a no-deal Brexit, Minister for Finance Paschal Donoh(...)

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