Minimum wage cut will be reversed: FG
Published 29/01/2011 | 05:00
Fine Gael will be able to secure EU approval to reverse the cut in the minimum wage made in the Budget, the party says, writes Sarah Collins.
The wage cut is a lynchpin in the EU-IMF bailout deal, but trade unionists have alleged that it is being superimposed by Brussels as a means of deflating the economy out of trouble.
Finance spokesman Michael Noonan told reporters in Brussels yesterday that the move would have no bearing on the Government's Budget targets.
"There is no fiscal implication because it's the employer that's paying it," he said.