Paschal Donohoe

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In the security sector, the total cost of sick leave in the Defence Forces increased by 17 per cent from €8.7 million in 2017 to €10.2 million last year, while, in the Garda, the total cost increased by almost 20 per cent from €13.3 million to €15.9 million. Photograph: iStock
Cost of public sector sick leave up 20 per cent since 2015

The overall cost of public sector sick leave to the Exchequer has increased by 20 per cent since 2015, figures from the Department of Public Expenditu(...)

Minister for Housing Eoghan Murphy with Minister for Finance Paschal Donohoe at the HBFI update on Tuesday. Photograph: Tom Honan
Donohoe fails to commit to extension of help-to-buy scheme

The help-to-buy scheme has played a “valuable role”, the Minister for Finance has said, although he wouldn’t be drawn on whether the scheme will conti(...)

The Central Bank said in its report that it had judged some of the banks’ initial redress and compensation plans to be “materially deficient”
Q&A: Tracker mortgage scandal has undermined public trust in banks

What is the tracker scandal about? The Republic’s biggest bank overcharging scandal can be traced back to the start of the financial crisis. Banks m(...)

Following the three-day strike by nurses and midwives, the Government agreed in February to a package of proposals brokered at the Labour Court, including a new, enhanced contract for nurses. File photograph: Alan Betson
Cost of nurses’ pay deal running millions ahead of estimate

The cost of the nurses’ pay deal after their strike earlier this year is running millions of euro ahead of the Government’s original estimate and is c(...)

According to data from the Society of the Irish Motor Industry there were 1,902 electric vehicles sold from the beginning of January to the end of May. Photograph: iStock
Benefit in kind rules lure more firms to finance ecars

Retention of aspects of the benefit in kind rules for motor vehicles has prompted an increasing volume of businesses to seek out car finance for elect(...)

A new report calculates that a no-deal Brexit could cost hotels in the Republic €52 million next year
Risky business loans, new mortgage rules and how hard Brexit will hit Irish hotels

Risky loans Regulators have raised the alarm about the threat that risky loans to heavily-indebted businesses pose to Irish banks, the Sunday Times r(...)

The proceedings initiated by developer Paddy McKillen, above, are ‘largely identical’ to a case that was launched by debt campaigner David Hall against the Minister for Finance in 2017. File photograph: Yui Mok/PA Wire
Paddy McKillen sues Government over IBRC wind-up costs

Property investor Paddy McKillen has taken a legal case against the Minister for Finance, Paschal Donohoe, for failing to have proper oversight over t(...)

Consumers spent €26.26bn in the first three months of this year, an increase of around 3% on the first quarter of 2018
CSO says Republic’s gross domestic product grew 8.2% last year

Irish people spent almost €142 billion last year as the economy surged, the latest figures show. The Central Statistics Office (CSO) said on Thursday(...)

Brexit roles: of the 453 staff, 370 were recruited by Revenue in 2019. Photograph: Nick Bradshaw
Revenue hires 453 people in preparation for Brexit

The Revenue Commissioners has hired 453 people in preparation for Brexit. In a written Dáil reply to Pearse Doherty TD (Sinn Féin), Minister for Fina(...)

Fergal O’Brien of Ibec says Minister for Finance Paschal Donohoe, above, should cut capital gains tax to 12.5 per cent in order to help entrepreneurs and to lure investment to indigenous companies. Photograph: Nick Bradshaw
Minister urged to slash capital gains tax in October budget

Employers say Minister for Finance Paschal Donohoe should slash capital gains tax in October’s budget to boost the Republic’s lagging homegrown indust(...)

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