Written answers
Thursday, 16 December 2010
Department of Enterprise, Trade and Innovation
National Minimum Wage
5:00 am
Leo Varadkar (Dublin West, Fine Gael)
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Question 360: To ask the Minister for Enterprise, Trade and Innovation if a cut in the minimum wage was a condition of the International Monetary Fund/European loans; and if he will make a statement on the matter. [47943/10]
Dara Calleary (Mayo, Fianna Fail)
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The Government's decision to reduce the minimum wage to €7.65 per hour was not a condition of the International Monetary Fund/European loans.
The Government agreed to a reduction in the National Minimum Wage as part of the National Recovery Plan published on 24 November 2010.
The EU-IMF Programme of Financial Support for Ireland, published on 1 December 2010, included a commitment to reduce the National Minimum Wage as outlined in the National Recovery Plan.
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