Micheal Martin has been re-elected as the Prime Minister of the Republic of Ireland following a tumultuous session in parliament. On January 23, 2025, lawmakers voted 95 to 76 in favor of his nomination, amidst protests over speaking rights for independent lawmakers.
This coalition government, comprising the two largest centre-right parties, Fianna Fail and Fine Gael, marks a continuation of their historic rivalry. Independent ministers will take the place of the Green Party, which suffered significant losses in the last election.
Martin, who previously served as prime minister from 2020 to 2022, emphasized the need to protect Ireland's economic interests in light of potential challenges posed by the return of US President Donald Trump, particularly regarding corporate tax rates.
In his remarks to parliament, Martin highlighted the importance of maintaining strong relationships with Europe, the US, and the UK. He expressed commitment to utilizing tax revenues from US multinationals to enhance public sector investment and bolster Ireland's sovereign wealth fund.
As part of the coalition agreement, outgoing Prime Minister Simon Harris will assume the role of deputy prime minister, with expectations of taking over as premier in 2027. Paschal Donohoe is likely to return as finance minister, overseeing economic strategies during this critical period.