Jack Chambers named as new minister for finance

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Nominee to replace Michael McGrath was named on Tuesday afternoon

Jack Chambers has been selected to take on the role of Minister for Finance, replacing Michael McGrath who has been nominated by the Government as Ireland’s next European Commissioner.

Speaking this morning he said he will be attending a European Council summit later this week and: “I will obviously do so armed with the name of the person that Ireland wishes to be our next Commissioner and that will I suppose enable Ireland to begin to engage on what portfolios might be appropriate.

“I’m conscious that when somebody becomes nominated as a European Commissioner there’s a lot of work... to go through in terms of parliament hearings and the like so in my view it would be prudent to fill that vacancy immediately and I expect any vacancy that may or may not arise today at Cabinet to be filled today.”

Asked if Ireland is hoping for an economic portfolio in the next Commission he said: “I’m very satisfied that the name that the Government will nominate today is somebody of very high calibre, of high standing, of huge ability.

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