Executive Board L1,/2015
Executive Board Minutes Meetins 18th March 2015
Attendance: Derek Moran (Chair), Ann Nolan, John Hogan, John McCarthy, Neil Ryan, Niall O'Ceallaigh,
Gary Tobin , Aidan Carrigan, Nicholas O'Brien, Des Carville, Paul Bolger, Brendan Loughnane, Derek
Tierney (Secretary).
l.
Apologies:
Pa
ul Ryan
1. Minutes of previous meeting and matters arising
ln addition to the Communications diary the following were noted: The Minister and officials are
preparing for a visit of the US West Coast.
The minutes of the previous Executive Board 09th March were agreed.
Memoranda for Government were noted
2. Dashboard Summary including discussion on:
1.
Greece
The Executive Board noted that negotiations between the three creditor institutions
-
the
European Central Bank, European Commission and IMF - and the new Greek government began in
earnest last week as Greece seeks to unlock some of the remaining €7.2 billion due to it under its
bailout programme ln return for reform measures.
It is expected that the Greek Prime Minister Alexis Tsipras will travel to Brussels later in the week
for a two-day summit of EU leaders which will also discuss the Ukraine crisis and Europe's energy
challenges. Mr Tsipras has been pressing EU leaders to discuss Greece as the Greek government
continues to negotiate with lenders over reform proposals.
The Department will continue to monitor discussions and analyse the situation particularly in the
context of financial markets.
2.
National Economic Dialogue
The Executive Board discussed discussions underway between this Department and the
Department of Public Expenditure and Reform in relation to holding the National Economic
Dialogue.
The purpose of the National Economic Dialogue is to broadly agree on the overall high level
ob.iectives for the economy of full employment and a ba lanced budget, to agree the main structural
challenges faced by the economy and society with a discussion of the Government's approach and
potential alternatives in the context of forthcoming Budget(s). All of the discussion are to be set
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within the fra mework of the EU Semester. For the participa nts it would be a n opportunity for them
to feed into the Budgetary decision making process noting, however, it would not be a negotiation
as the Government decide measures for the Budget. lt is expected that the dialogue would extend
over one or more days of public dialogue and that possibly all sessions could be held in public
and/or streamed live. Options for a central venue are currently being investigated.
It is proposed that the process will be led by a Steering committee comprising Assistant Secretaries
from both Departments and supporting by a number of working groups and outline planning is
u nderway.
3.
Key Milestones Look-Ahead
Upcoming key milestones were noted
4.
AOB
5.
Corporate Governance
1.
Senior Management Review Day
The Executive Board reviewed the proceedings and follow up actions from the recent Senior
Management Review day.
Action Point
.
Communicate and action work plan (Actions 1- 9) through line management structures
arising from discussions held at Senior Management Review Day - All members
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Derek M oran
Secretary Genera
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