The Honohan Files

The Honohan Files View Gallery
Revealing: Michael Noonan

The correspondence that reveals how the governor pressed for cuts ahead of budgets 2013 and 2014

Patrick Honohan, the outgoing governor of the Central Bank, told Michael Noonan, “Don’t ease up now,” as the Minister for Finance prepared to introduce €2.5 billion in cuts in Budget 2013. Honohan wrote to Noonan on September 25, 2012, three months before a budget which introduced the local property tax and cut child benefit, among a range of other austerity measures.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events.
  • Videos and podcasts from some of the industry's most respected journalists such as Michael Brennan, Susan Mitchell and Ian Guider.
  • Access to The Business Post's extensive archive​.

Related Articles

More from The Business Post