Hayes: Government may settle for less than €300m target in pay talks

Hayes: Government may settle for less than €300m target in pay talks

Junior Finance Minister Brian Hayes has said that the Government may lower its savings target for public-sector wages from €300m this year to €250m.

"We're not going to be doctrinaire about this," he said.

"What we want to see is the saving of a billion euro by 2015, and we're looking at alternative proposals in the context of those talks, which would obtain those savings, 2014, 2015, leading up to a billion euro of annualised savings.

"But it might be somewhat less than €300m this year, we'll just have to wait and see."

Such a move would have a significant knock-on effect on any Croke Park 2 agreement, which was initially rejected by the majority of union members around the country.

Those talks continued over the weekend among health sector unions.

This afternoon, the teachings unions - the INTO and the TUI - will begin negotiations, along with the Irish Federation of University Teachers, which, in the last hour, agreed to enter the talks.

More on this topic

Wait is over for Rolling Stones fans as tickets for Croke Park gig go onsaleWait is over for Rolling Stones fans as tickets for Croke Park gig go onsale

Some agreement in principle at Croke Park 2 talksSome agreement in principle at Croke Park 2 talks

Howlin hopeful as Government offers new talks on public-sector pay cutsHowlin hopeful as Government offers new talks on public-sector pay cuts

Kenny: Inclusion of €300m savings in Budget 'stands' despite union votesKenny: Inclusion of €300m savings in Budget 'stands' despite union votes


More in this Section

Teenage victim of paedophile ring packed knife to confront sex offender over unwanted advances, court hearsTeenage victim of paedophile ring packed knife to confront sex offender over unwanted advances, court hears

Environmental group wins landmark case over large-scale peat extractionEnvironmental group wins landmark case over large-scale peat extraction

Quinn staff 'demand an end to this reign of terror' following attack on executive Quinn staff 'demand an end to this reign of terror' following attack on executive

Families moving back into their homes after Dublin flats fireFamilies moving back into their homes after Dublin flats fire


Lifestyle

Your guide to what's going on in the gardening world this week.Gardening notes: Your guide to what's on

I went to Holy Faith in Clontarf in Dublin and I still have a big group of friends from school. These days, like most people, we use a WhatsApp group to communicate!School Daze with Nadia Forde: I wish I had embraced my differences at school

More From The Irish Examiner