Dáil Éireann Debate, Wednesday - 12 January 2011
882 Deputy Leo Varadkar asked 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. [48320/10]
Amharc ar fhreagraThe 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.
