Michael Noonan
Michael Noonan is the Minister for Finance and a Fine Gael TD for the Limerick City constituency. Noonan was first elected to the Dail in 1981 and held a number of Ministerial positions under the leadership of both Garret FitzGerald and John Bruton, these included Minister for health and Minister for Justice. He also served as leader of Fine Gael from February 2001 until June 2002.
# michael-noonan - Thursday 7 March, 2013
Noonan: ‘There’s no money tree out in the back garden’
The Finance Minister said yesterday that there is no unidentified source that the government can tap for funding to help close the deficit.
# michael-noonan - Tuesday 5 March, 2013
EU finance ministers confirm deal to delay Ireland’s bailout repayments
Ministers have asked the Troika to come up with a proposal on the best options for extending the maturities of Irish loans.
Noonan confirms Budget 2014 to be brought forward to October
EU finance ministers are meeting in Brussels today to ratify proposals contained in the two-pack, a series of financial governance measures, which the Minister said would mean an earlier budget.
The 9 at 9: Tuesday
Good morning. Here are nine things to know as you start your day.
Deal could delay repayment of Ireland’s EU bailout loans
The detail of extended loan repayments on the EU portion of Ireland’s bailout is still to be worked out but could save the State significant amounts of money in the coming years.
# michael-noonan - Monday 4 March, 2013
Key meeting in Brussels to discuss whether AIB, BoI costs can be recouped
Eurozone finance ministers will today discuss the key question of whether the Euro’s bailout fund will chip in to Ireland’s costs.
# michael-noonan - Sunday 3 March, 2013
Noonan chases Irish version of Greek deal on ECB profits
Any profits the ECB makes on buying Greek bonds are given straight back to Greece – and Ireland may look for similar.
# michael-noonan - Saturday 2 March, 2013
Here is the week’s news… skewed
Breaking via The Mire wire: SIPTU president wins Oscar; hopes rise of a politicians’ strike; Pope quits over Croke Park II; Lift chaos leads to primary care centre.
8 things we learned from TDs’ declarations of interests for 2012
How many deputies own property abroad? And where do those who keep their eyes on Ireland’s finances invest themselves?
# michael-noonan - Tuesday 26 February, 2013
Noonan announces end of the Bank Guarantee
The Minister said that this marks a significant step in the normalisation of the Irish banking system.
# michael-noonan - Monday 25 February, 2013
Rehn: Budget 2014 should not be eased after promissory note savings
The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.
# michael-noonan - Friday 22 February, 2013
Noonan hints €1bn IBRC savings will go to repay debts
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
# michael-noonan - Thursday 21 February, 2013
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
Noonan: Europe now owes Ireland after ‘taking one for the team’
“As Ronald Reagan used to say, ‘We took one for the team.’ And I think the team owes us now.”
# michael-noonan - Wednesday 13 February, 2013
Here are the new measures to be included in the Finance Bill
Much of the Bill gives effect to measures announced in Budget 2013 – but there are also some new parts.
Video: Noonan accuses Donnelly of ‘lying’, quickly withdraws remark
A debate on the promissory note arrangement saw sharp exchanges between the independent TD and the Finance Minister last night.
# michael-noonan - Tuesday 12 February, 2013
Noonan: IBRC liquidation is ‘crude’ but staff in better position than most
The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.
# michael-noonan - Monday 11 February, 2013
Union meeting with IBRC liquidator over future of 800 jobs
The contracts of some 800 workers in Ireland were essentially terminated when the government decided to liquidate the bank last week.
# michael-noonan - Saturday 9 February, 2013
Timeline: The 24 hours that secured the promissory note deal
It was dramatic, chaotic, uncertain and very confusing as Ireland struck a deal to tear up the promissory notes and repay Anglo’s debts over a longer period. Here’s how it unfolded…
# michael-noonan - Friday 8 February, 2013
Column: Was the liquidation of IBRC necessary?
Let’s hope IBRC’s liquidation can ultimately be justified – because this type of rush-job smacks of the panicked decisions made in 2008, writes Sarah McCabe.
# michael-noonan - Thursday 7 February, 2013
The Evening Fix… now with added Facebook privacy
Here are the things we learned, loved and shared today.
Column: Will the young pay for the sins of the old under the promissory note deal?
The restructured debt obligation will give the Government fiscal space and breathing room. Whether this benefits the young depends on what they do with that time, writes Sam Brazys.
The 5 at 5: Thursday
5 stories, 5 minutes, 5 o’clock.
As it happened: Michael Noonan and Brendan Howlin on promissory note deal
The two Ministers will be holding a press conference from 4pm about the promissory note agreement. Let’s see what they have to say.
So, what if #PromNight was a real prom?
Michael Noonan, Enda Kenny and the lads head to the Leinster House High Debs…
Ireland and the ECB reach a deal on promissory note – report
“We have not received formal confirmation of precisely what is to be agreed,” Ruairí Quinn told the Dáil.
Explainer: What happened last night? Why was IBRC liquidated? What happens now?
Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…
Financial services union calls on Noonan to guarantee IBRC jobs
Last night the Finance minister said he understood most staff would be rehired by the liquidators or by NAMA when it takes on the bank’s assets.
Noonan: IBRC bill brought through due to “immediate risk” to bank
The Finance Minister also said that there “is no deal” with the ECB at this point.
Legality of promissory note to be challenged in the Supreme Court today
David Hall’s legal challenge to the €3.06 billion Anglo promissory note was dismissed by the High Court last week but he intends to appeal to the Supreme Court this morning despite the overnight developments.
# michael-noonan - Monday 4 February, 2013
Exchequer figures show slight fall in government income in January
A €1 billion sale of Bank of Ireland notes means Ireland recorded an Exchequer surplus for January 2013.
Read in full: Mario Draghi’s letter to Fianna Fáil’s Michael McGrath
The Fianna Fáil finance spokesperson has called on Michael Noonan to hold face-to-face negotiations with the European Central Bank president after he wrote to him last month.
# michael-noonan - Sunday 3 February, 2013
Everything you need to know about the promissory notes, but were afraid to ask
You have been and will be hearing a lot about promissory notes in the coming weeks but what’s it all about? We’ve taken your questions, come up with some of our own and asked the experts…
Here is how much was won on Prize Bonds last year
The amount has increased significantly over the past three years as people sought safe places to put their money.
# michael-noonan - Friday 1 February, 2013
Technical Group to force Dáil vote on promissory note repayment
15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.
# michael-noonan - Wednesday 30 January, 2013
Noonan still chasing ‘good deal’ in promissory note talks
The finance minister says saying the deal is dead is “premature”, but vows: Ireland “is not going to default.”
# michael-noonan - Monday 28 January, 2013
Doherty asks Noonan to have “frank and open debate” on promissory notes
The Sinn Féin finance spokesperson said that he wants Minister Noonan to ‘come clean’ on the issue and appear before the committee as soon as possible.
MEP criticises two government departments over tobacco industry meetings
The Department of Finance said each year its officials meet with representatives of all industries in the run up to the Budget.
# michael-noonan - Sunday 27 January, 2013
We’ll see about that and in/out referendum: The week in quotes
“A terrorist shouted ‘open the door!’ with a strong North American accent, and opened fire. Two other Japanese died then and we found four other Japanese bodies.”
It’s official: copyright on the National Anthem has ended
The government says it will bring in new legislation if necessary to stop people from messing around with Amhrán na bhFiann.
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