Friday, 10 December 2010
Financial Emergency Measures in the Public Interest (No. 2) Bill 2010: Second Stage (Resumed)
Brian Lenihan Jnr (Minister, Department of Finance; Dublin West, Fianna Fail)
I can point out to Deputy Penrose that the decision on the national minimum wage was announced by the Government in the national recovery plan and is clearly set out in pages 35 and 36 of the plan.
There was considerable debate last night about the issue of bank bonuses and I take this opportunity to repeat what I said last night. As the House will be aware, the legislation introduced on foot of the bank guarantee specifically prohibits the payment of any performance bonuses to senior bank executives.