The Taoiseach says the government is “not contemplating” a mini or emergency budget.
Opposition parties have predicted the Government will be forced to act after growth forecasts for this year were slashed by the Central Bank and the IMF.
The budget targets of government were set on 1.3 percent growth and not the 0.5 percent now being predicted by others.
But speaking to 98FM in Dublin this morning Enda Kenny says the government does not foresee having to have another budget before next December.
“I’d point out to you that the circumstances and the issues that dictate growth are outside our control in some cases and are a very broad spectrum” he said.
“But even in that report, the Central Bank made it clear that their projections would not affect the budgetary figures for this year”.
“So we’re not contemplating any mini-budget from calls from the opposition” he added.
The Justice Minister says sections of legislation proposed by the Opposition to allow judges discretion on repossessing homes may be unconstitutional.
Independent Wicklow TD Stephen Donnelly has put forward a bill in the Dáil today to give the courts powers to stop banks taking back family homes.
Minister Alan Shatter says the bill is unworkable even with the governments own insolvency legislation.
“It seems that Deputy Donnelly envisages the courts restructuring mortgage loans and effectively determining that a portion of outstanding capital should cease to be payable to an individual financial institution” he said.
“The courts presently have no such jurisdiction and the Bill gives no guidance as to how it might be exercised or (on) what basis a court could simply reduce the amount of capital outstanding”.
“The Bill is unfortunately fundamentally flawed”.
“This particular aspect of the Bill also gives rise to profound Constitutional difficulty” he added.
The Hungarian national airline Malev has grounded its planes after running out of cash.
This includes one craft at Dublin.
The company has been in operation for 66 years and has 2,600 workers.
The announcement follows a European Commission ruling early this month that forced the carrier to repay State aid worth hundreds of millions of dollars.
The airline accounts for 40% of annual turnover at Budapest International Airport.
A Malev flight from Dublin to Budapest was among those cancelled this morning.
Servisair are the baggage handlers for Malev.
It says it understands that the Hungarian government will be refunding all of the passengers and that they have got their luggage back and made alternative travel arrangements.
The British Energy Secretary Chris Huhne has resigned after being charged with perverting the course of justice.
The Liberal Democrat MP is accused of avoiding a speeding penalty by getting his ex-wife to say she was driving and accepting the points on her licence.
Mr. Huhne says he is innocent and intends to clear his name.
He has been charged 7 years after it is claimed he was caught speeding in Essex.
It is alleged he would have been disqualified from driving if the points had been added to his licence.
He and his wife will appear in court later this month.
The claims have been under investigation since 2010 when they emerged following the couple’s separation.
The case was delayed by a court battle to obtain key e-mails from the Sunday Times newspaper.
