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Minister Joan Burton Sasko Lazarov/Photocall Ireland

No decision yet on selling ESB - Burton

But the Minister for Social Protection suggested the Government still hoped to raise €2billion by selling State assets.

THE GOVERNMENT IS yet to decide whether to sell all or part of the ESB to raise capital, according to Minister for Social Protection Joan Burton.

But Minister Burton suggested that the Fine Gael/Labour coalition still intends to keep to the Programme for Government, which targets “up to €2billion in sales of non-strategic State assets”.

Asked about the fate of ESB, she said: “There has been no decision made by the Government”.

The Sunday Business Post today suggests that the plan to sell the ESB is likely to be withdrawn, with the Government instead looking at raising €2billion with the sale of Bord Gáis Energy and Coillte.

Burton also told Marian Finucane on RTÉ Radio One that it was hoped the sale of State assets would “provide funds for new employment and new ventures”. She added: “The key issue for the Irish economy is that domestic demand is so weak.”

However, draft Budget documents leaked in the German parliament in November appeared to indicate that any “unplanned revenue” in the Government’s programme would have to be allocated to “debt reduction”, meaning it would be allocated to repaying the bailout.

More: IMF and ECB divided on whether Ireland should burn bondholders>

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    Mute BaaB
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    Jan 17th 2019, 7:34 PM

    Tulsa had no problem acting when it came to poor Sgt Maurice McCabe.

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    Mute @mdmak33
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    Jan 17th 2019, 8:03 PM

    All these government agencies,Tulsa,GDA etc that are found not doing their jobs properly are never held to account, inquiry is set up and comes up with strict guidelines and announced,but again they are not implemented and with Tulsa this is very worrying as children are involved. It’s all repeat repeat and cover up.

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    Mute Green Lentils
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    Jan 17th 2019, 10:31 PM

    @@mdmak33: good ol mizz Zappone… she’s fantastic at having her photo taken with babies we goota give her that

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    Mute Mark Lamb
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    Jan 17th 2019, 7:59 PM

    Tusla Rotten to the Core.Well able to Set up frame Maurice McCabe I believe there is 1000s of other Maurice McCabe in Ireland who have fake/falsified Data/information on their good names on the Garda pulse records & Tusla records a lot of this is going on in family law courts /industries for custody of Children Big Money to made of the backs of innocent families this all needs to be looked into further by Human Rights Organisations our reporter s from the Journal.ie

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    Mute Colm Lyons
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    Jan 17th 2019, 7:30 PM

    Tusla covering up child abuse now there’s a suprise

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    Mute Padraic O Sullivan
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    Jan 17th 2019, 8:49 PM
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