Michael Noonan (born 21 May 1943) is an Irish former

Fine Gael Fine Gael (, ; English: "Family (or Tribe) of the Irish") is a liberal-conservative and Christian-democratic political party in Ireland. Fine Gael is currently the third-largest party in the Republic of Ireland in terms of members of Dáil É ...

politician who served as

Minister for Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

from 2011 to 2017,

Leader of the Opposition The Leader of the Opposition is a title traditionally held by the leader of the largest political party not in government, typical in countries utilizing the parliamentary system form of government. The leader of the opposition is typically se ...

and

Leader of Fine Gael The Leader of Fine Gael is the most senior politician within the Fine Gael political party in Ireland. Since 2 June 2017, the office has been held by Leo Varadkar following the resignation of Enda Kenny. The deputy leader of Fine Gael is Simo ...

from 2001 to 2002, Minister for Health from 1994 to 1997, Minister for Industry and Commerce from 1986 to 1987, Minister for Energy from January 1987 to March 1987 and

Minister for Justice A Ministry of Justice is a common type of government department that serves as a justice ministry. Lists of current ministries of justice Named "Ministry" * Ministry of Justice (Abkhazia) * Ministry of Justice (Afghanistan) * Ministry of Justi ...

from 1982 to 1986. He served as a

Teachta Dála A Teachta Dála ( , ; plural ), abbreviated as TD (plural ''TDanna'' in Irish, TDs in English), is a member of Dáil Éireann, the lower house of the Oireachtas (the Irish Parliament). It is the equivalent of terms such as ''Member of Parl ...

(TD) from 1981 to 2020. Noonan had been a member of every Fine Gael cabinet since 1982, serving in the cabinets of

Garret FitzGerald Garret Desmond FitzGerald (9 February 192619 May 2011) was an Irish Fine Gael politician, economist and barrister who served twice as Taoiseach, serving from 1981 to 1982 and 1982 to 1987. He served as Leader of Fine Gael from 1977 to 1987, and ...

John Bruton John Gerard Bruton (born 18 May 1947) is an Irish former Fine Gael politician who served as Taoiseach from 1994 to 1997, Ambassador of the European Union to the United States from 2004 to 2009, Leader of Fine Gael from 1990 to 2001, Leader ...

and

Enda Kenny Enda Kenny (born 24 April 1951) is an Irish former Fine Gael politician who served as Taoiseach from 2011 to 2017, Leader of Fine Gael from 2002 to 2017, Minister for Defence from May to July 2014 and 2016 to 2017, Leader of the Opposition fro ...

. During these terms of office he held the positions of Justice, Energy, Industry and Commerce, Health and Finance. When Fine Gael lost power after the 1997 general election, Noonan remained an important figure in the party when he became Opposition Spokesperson for Finance. He succeeded John Bruton as

and

in 2001, however, he resigned following Fine Gael's disastrous showing at the 2002 general election. After eight years as a backbencher, during which time he served as Chairman of the Public Accounts Committee, Fine Gael leader Enda Kenny appointed Noonan to his

front bench In many parliaments and other similar assemblies, seating is typically arranged in banks or rows, with each political party or caucus grouped together. The spokespeople for each group will often sit at the front of their group, and are then kno ...

in 2010, to his former portfolio of Spokesperson for Finance.

Early life

The son of a local school teacher, Noonan was born in

Limerick Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2 ...

in 1943, but raised in Loughill,

County Limerick "Remember Limerick" , image_map = Island_of_Ireland_location_map_Limerick.svg , subdivision_type = Country , subdivision_name = Republic of Ireland, Ireland , subdivision_type1 = Provinces of Ireland, Province , subd ...

. He was educated at the local National School and St. Patrick's Secondary School in Glin, before studying to be a primary school teacher at St. Patrick's College,

Drumcondra, Dublin Drumcondra () is a residential area and inner suburb on the Northside of Dublin, Ireland. It is administered by Dublin City Council. The River Tolka and the Royal Canal flow through the area. History The village of Drumcondra was the central ...

. He subsequently completed a BA and

H.Dip. A higher diploma is an academic award in Iraq, Libya, the United Kingdom, Hong Kong, Ireland and Oman. In Iraq, it's one year after bachelor's degree (i.e., not equivalent to a bachelor's degree). In Ireland it is a postgraduate qualification ...

in English and Economics at

University College Dublin University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Ireland, and a member institution of the National University of Ireland. With 33,284 student ...

. He began to work as a secondary school teacher in Dublin. Noonan developed an interest in politics from his mother, whose family had been heavily involved in

at local level in Limerick, and joined the Dublin branch of the party after graduating from university. He returned to Limerick in the late 1960s, where he took up a teaching post at Crescent College. Here he continued his involvement in politics, canvassing for the Fine Gael candidate, James O'Higgins, in the Limerick East by-election in 1968, caused by the death of

Donogh O'Malley Donogh Brendan O'Malley (18 January 1921 – 10 March 1968) was an Irish Fianna Fáil politician and rugby union player who served as Minister for Education from 1966 to 1968, Minister for Health from 1965 to 1966 and Parliamentary Secretary ...

Political career

Early years: 1974–1982

Having been involved in the local Fine Gael organisation in Limerick since the late 1960s, Noonan first held political office in 1974, when he was elected as a member of Limerick County Council. Having built up a local profile he contested the 1981 general election for the party and secured a seat in

Limerick East Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 ...

. Upon taking his Dáil seat, Noonan became a full-time politician, giving up his teaching post and resigning his seat on Limerick County Council. Though Fine Gael formed a coalition government with the Labour Party, Noonan, as a first time TD, remained on the backbenches.

Cabinet minister: 1982–1987

Fine Gael lost power following the first general election in early 1982, however, Noonan subsequently joined the party's new front bench as Spokesperson for Education. A second general election in late 1982 following the collapse of the

Fianna Fáil Fianna Fáil (, ; meaning 'Soldiers of Destiny' or 'Warriors of Fál'), officially Fianna Fáil – The Republican Party ( ga, audio=ga-Fianna Fáil.ogg, Fianna Fáil – An Páirtí Poblachtánach), is a conservative and Christia ...

government, saw another Fine Gael-Labour Party coalition come to power. Just eighteen months after entering the Dáil, Noonan was appointed to the highly sensitive position of

. After a few weeks in office he revealed the illegal phone-tapping of journalists' phones, carried out by the previous Fianna Fáil administration that preceded it in power. That government had authorised illegal phone tapping of the journalists Geraldine Kennedy, Bruce Arnold and

Vincent Browne Vincent Browne (born 17 July 1944) is an Irish print and broadcast journalist. He is a columnist with ''The Irish Times'' and ''The Sunday Business Post'' and a non-practising barrister. From 1996 until 2007, he presented a nightly talk-show ...

. Seán Doherty signed warrants for the taps while serving as Minister for Justice. Noonan quickly earned a reputation as a tough and uncompromising Minister, regarded by many as one of the best incumbents of the position. His successes included the introduction of a new Criminal Justice Bill while also bringing in reforms in the

Garda Síochána (; meaning "the Guardian(s) of the Peace"), more commonly referred to as the Gardaí (; "Guardians") or "the Guards", is the national police service of Ireland. The service is headed by the Garda Commissioner who is appointed by the Irish Gove ...

, the courts and the prison service and the facing down of a difficult prison officers' dispute. He also dealt with the wording of the controversial abortion referendum in 1983. Noonan, however, also presided over the justice ministry when inmates in an overcrowded and understaffed Spike Island prison set fire to the building. A cabinet reshuffle in 1986, saw Noonan demoted to the position of Minister for Industry and Commerce. Following the withdrawal of the Labour Party from government in 1987, Noonan also briefly took office as Minister for Energy.

Opposition: 1987–1994

Fine Gael lost power following the 1987 general election and were confined to the opposition benches. The new Fine Gael leader,

Alan Dukes Alan Dukes (born 1945) is an Irish former Fine Gael politician who served as Minister for Transport, Energy and Communication from 1996 to 1997, Leader of the Opposition and Leader of Fine Gael from 1987 to 1990, Minister for Justice from 1986 ...

, appointed Noonan to the senior position of front bench Spokesperson for Finance and the Public Service. The party did poorly under Dukes and he was replaced by

in 1990. Noonan was retained on the new front bench, however, he was demoted to the position of Spokesperson for Transport, Energy and Communications. In 1991, he returned to local politics as a member of Limerick County Council, serving again until 1994. Noonan's period in opposition often saw him at odds with his party leader. Not long after his demotion as Spokesperson for Finance, he announced that he would be taking "positions of leadership" on a wide range of important issues. This was seen as a veiled threat to John Bruton's leadership, with Noonan positioning himself as an alternative party leader. In 1994, a number of Fine Gael TDs attempted to oust Bruton as party leader following poor showings in opinion polls. Noonan aligned himself with the rebels and stated that he would stand for the leadership should Bruton be defeated. The latter survived as leader and Noonan resigned from the front bench.

Minister for Health: 1994–1997

In 1994, the 'Rainbow Coalition' was formed and Noonan became Minister for Health. The Department of Health was embroiled in a scandal at the time regarding blood products contaminated with

Hepatitis C Hepatitis C is an infectious disease caused by the hepatitis C virus (HCV) that primarily affects the liver; it is a type of viral hepatitis. During the initial infection people often have mild or no symptoms. Occasionally a fever, dark urine, ...

virus, caused by the negligence of the Blood Transfusion Service Board. Noonan consistently held an authoritarian line on the case of Brigid McCole and would not budge on his views, suffering as a result of the scandal. He threatened to take Bridget's mother Ellen to the

Supreme Court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...

, when she wondered why her daughter had contracted the disease. Noonan was forced to establish the Hepatitis C Tribunal of Inquiry and to issue several apologies for his handling of the affair. Noonan remained as Minister for Health until the 1997 general election. ''

The Irish Times ''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper ...

'' said "the woman involved had been infected by a negligent State agency, in the biggest health scandal since its foundation." When RTÉ broadcast a drama, ''No Tears'', on Noonan's treatment of Bridget McCole, Justine McCarthy wrote in the ''Irish Independent'' that Noonan "compounded the perception of a heartless pedant by whingeing about the way he was depicted in the drama's final episode, broadcast on the same night that he declined to appear on '' Questions & Answers'' and when it was reported that yet another woman who was infected by the State had died from the illness." His home was picketed by anti-abortion campaign group Youth Defence.

Return to Opposition: 1997–2011

Leader of Fine Gael: 2001–2002

Despite increasing their seats to 54, Fine Gael returned to opposition and Noonan became Opposition Spokesman for Finance following the 1997 general election. In 2001, following a series of disastrous opinion polls, Noonan and his colleague, Jim Mitchell, tabled a

motion of no confidence A motion of no confidence, also variously called a vote of no confidence, no-confidence motion, motion of confidence, or vote of confidence, is a statement or vote about whether a person in a position of responsibility like in government or mana ...

in the leader,

. The motion was successful in ousting Bruton as leader, with Noonan becoming leader of Fine Gael and

with Mitchell becoming deputy leader. Noonan avoided requests to be interviewed on TV and radio programmes, including some on RTÉ and

Today FM Today FM is an Irish national commercial FM radio station, owned and operated by Bauer Audio Ireland Limited. Broadcasting since 17 March 1997, it broadcasts mostly music, with a daily news and current affairs programme. Today FM holds a l ...

, ahead of the leadership election. At the 2002 general election, Fine Gael had a disastrous result, dropping from 54 seats to 31 and a number of high-profile front bench member losses, including

, Deirdre Clune,

Alan Shatter Alan Joseph Shatter (born 14 February 1951) is an Irish lawyer, author and former Fine Gael politician who served as Minister for Justice and Equality and Minister for Defence from 2011 to 2014. He was a Teachta Dála (TD) for the Dublin Sou ...

and deputy leader Jim Mitchell. Noonan resigned as Fine Gael leader on the night of the election.

TD: 2002–2011

He was replaced by

, the runner-up to Noonan in the 2001 leadership election. However, Noonan remained as a TD, and was re-elected at the 2007 general election, and went on to serve on Kenny's Front bench. He was vice-chairperson of the Joint

Oireachtas The Oireachtas (, ), sometimes referred to as Oireachtas Éireann, is the bicameral parliament of Ireland. The Oireachtas consists of: *The President of Ireland *The two houses of the Oireachtas ( ga, Tithe an Oireachtais): ** Dáil Éireann ...

Committee on Constitutional Amendment and Children.

Minister for Finance: 2011–2017

In July 2010, Noonan was promoted to the

Fine Gael Front Bench Fine Gael is the third largest political party in the Oireachtas. The Fine Gael leader appoints a team of TDs and Senators to speak for the party on different issues. When Fine Gael was in opposition, the front bench areas of responsibility ...

as Spokesperson for Finance. In an August 2010 interview with the Sunday Independent, Noonan said he hoped to become Minister for Finance. At the 2011 general election, he was re-elected as a TD for Limerick City, receiving 13,291 (30.8% 1st preference) votes. On 9 March 2011, he was appointed

by Taoiseach Enda Kenny. In March 2011, the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

(IMF) and the

European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of ...

(EU) backed the proposed programme for government and gave the coalition the green light to make changes to the terms of the multibillion-euro bailout. After meeting officials from the IMF – including Ireland mission head Ajai Chopra –

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centra ...

(ECB) and

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...

(EC), Noonan said it was agreed the terms of the rescue deal would be altered, as long as the financial targets remain the same. "What was being discussed in general terms was our proposal that the conditions and the memorandum of understanding would be changed for alternative conditions which are in the programme for government," Noonan said. In July 2011, Noonan speaking after an EU summit on 21 July said that the new deal agreed with euro zone leaders means a second bailout for Ireland is "off the table". The deal will see a reduction in the interest rate on bailout loans to

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wi ...

Ireland Ireland ( ; ga, Éire ; Ulster-Scots: ) is an island in the North Atlantic Ocean, in north-western Europe. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George's Channel. Ireland is the s ...

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of th ...

and

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

. This followed a 10-hour emergency summit at which eurozone leaders agreed to provide a second international bailout worth €109 billion to Greece. The plan will be funded by eurozone countries, the proceeds of privatisations and the anticipated €12.6 billion benefit of a debt buyback programme. Noonan said a provision in the agreement meant Ireland would not have to go back to markets when the programme ended if the country had not reached its deficit target. "There's a commitment that if countries continue to fulfil the conditions of their programme, the European authorities will continue to supply them with money even when the programme concludes," he said. There would be "little or no easing" of budgetary conditions for this year, but there could be more positive implications in later years. "I'm afraid we still have to face the music in December," he said. In November 2011, he said the payment of more than €700 million to

Anglo Irish Bank Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Iri ...

bondholders was "the lesser of two evils". On 16 May 2012, Noonan caused controversy with his Greek "holidays" and "

feta Feta ( el, φέτα, ) is a Greek brined white cheese made from sheep's milk or from a mixture of sheep and goat's milk. It is soft, with small or no holes, a compact touch, few cuts, and no skin. Crumbly with a slightly grainy texture, it ...

cheese" comment at a breakfast briefing with

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and m ...

news agency. Noonan said these were the only links between Ireland and Greece. He attended the 2012 Bilderberg Conference in his capacity of Minister for Finance at

Chantilly, Virginia Chantilly is a census-designated place (CDP) in western Fairfax County, Virginia, Fairfax County, Virginia. The population was 24,301 as of the 2020 census. Chantilly is named after an early-19th-century mansion and farm, which in turn took the ...

, from 31 May-3 June 2012. On 5 December 2012, he delivered his second budget as Minister for Finance, which included a new

property tax A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inher ...

to be introduced in 2013. In February 2013, a deal was reached with the European Central Bank (ECB) in relation to the

promissory note A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the ''maker'' or ''issuer'') promises in writing to pay a determinate sum of ...

used to bail out the former Anglo Irish Bank. Noonan said that the government had achieved its objectives in the negotiations with the ECB, and that the arrangement meant that there would be €1bn less taken from them in terms of taxes and spending cuts up to 2015. Noonan said that the government did not ask for a write down on the Anglo Irish debt during negotiations with the ECB as "the ECB does not do write downs". On 15 October 2013, he delivered the budget for

2014 File:2014 Events Collage.png, From top left, clockwise: Stocking up supplies and personal protective equipment (PPE) for the Western African Ebola virus epidemic; Citizens examining the ruins after the Chibok schoolgirls kidnapping; Bundles of wa ...

. Following improvements in Ireland's unemployment rate and outlook for growth, the securing of the February 2013 Anglo Irish Bank promissory note deal with the European Central Bank, and Ireland's exit from the EU/

IMF The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glob ...

/ ECB bailout programme and successful return to the bond markets, Noonan was named Europe's best Finance Minister for the previous year in January 2014 by the

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

-owned magazine

The Banker ''The Banker'' is an English-language monthly international financial affairs publication owned by ''The Financial Times'' Ltd. and edited in London, United Kingdom. The magazine was first published in January 1926 through founding Editor, Bren ...

. When the European Central Bank raised the limit on the amount of emergency liquidity assistance (ELA) available to Greek banks by about €2 billion at the height of the country's government-debt crisis in June 2015, Noonan joined his German counterpart Wolfgang Schäuble in arguing forcefully for limits on the amount of ELA approved by the central bank unless

capital control Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account. These measure ...

s were introduced. In July 2016, the Central Statistics Office announced 2015 Irish GDP growth of 26.3% and Irish GNP growth of 18.7%. The growth became known internationally by the pejorative term, leprechaun economics. Noonan attributed the figures to multinational restructuring following the closure of the double Irish tax scheme, however they were subsequently attributed to Apple in 2018 (widely suspected in 2016). Noonan came to the defense of

Apple An apple is an edible fruit produced by an apple tree (''Malus domestica''). Apple trees are cultivated worldwide and are the most widely grown species in the genus '' Malus''. The tree originated in Central Asia, where its wild ancest ...

when the

announced in August 2016 that it had found against Apple in its investigation of illegal State aid. Noonan led the rejection of any claim by Ireland to the EU Commission's €13 billion fine on Apple, calling it an "attack" by the commission, and was supported by the main opposition party. In October 2016, Noonan introduced changes in the 2016 Finance Act to curb tax abuses of section 110 special purpose vehicles, (securitisation vehicles for IFSC firms), by US distressed debt funds in Ireland (pejoratively called

vulture funds A vulture fund is a hedge fund, private-equity fund or distressed debt fund, that invests in debt considered to be very weak or in default, known as distressed securities. Investors in the fund profit by buying debt at a discounted price on ...

in the Irish media). Investigations into these abuses by the financial media, showed the scale and rapid gains these funds were making from NAMA's disposal program, and that these gains were free of Irish taxes. It led to some revision as to whether Noonan had been too quick in selling State assets to distressed debt funds, and had given overly generous tax benefits and incentives.

Retirement

In May 2017, he announced he would be stepping down as Minister for Finance in the coming weeks when a new Taoiseach was appointed, and as a member of the Dáil at the next general election.

Personal life

Noonan married Florence Knightley, a native of

Castlemaine Castlemaine may mean: * Castlemaine, Victoria, a town in Victoria, Australia ** Castlemaine Football Club, an Australian rules football club ** Castlemaine railway station * Castlemaine, County Kerry, a town in Ireland * Castlemaine Brewery, Western ...

County Kerry County Kerry ( gle, Contae Chiarraí) is a county in Ireland. It is located in the South-West Region and forms part of the province of Munster. It is named after the Ciarraige who lived in part of the present county. The population of the co ...

and a primary school teacher, in 1969. They had three sons: Tim, John and Michael, and two daughters: Orla and Deirdre. In May 2010, Noonan appeared on

RTÉ (RTÉ) (; Irish for "Radio & Television of Ireland") is the national broadcaster of Ireland headquartered in Dublin. It both produces and broadcasts programmes on television, radio and online. The radio service began on 1 January 1926, whil ...

's ''

The Frontline The Frontline is an American rap duo from Richmond, California, consisting of Left and Locksmith, also known as Lock.Hildebrand, Lee (2005)RICHMOND VIOLENCE FUELS HIP-HOP DUO, ''San Francisco Chronicle'', June 26, 2005, retrieved 2010-07-06 Th ...

'' to talk about his wife's battle with

Alzheimer's disease Alzheimer's disease (AD) is a neurodegenerative disease that usually starts slowly and progressively worsens. It is the cause of 60–70% of cases of dementia. The most common early symptom is difficulty in remembering recent events. As ...

. Florence Noonan died on 23 February 2012 of

pneumonia Pneumonia is an inflammatory condition of the lung primarily affecting the small air sacs known as alveoli. Symptoms typically include some combination of productive or dry cough, chest pain, fever, and difficulty breathing. The severit ...

References

External links