In a potentially difficult election year in several EU countries, European leaders are incentivised to play hardball against Britain
But fiscal stimulus measures will take time to get through Congress
Budget 2015: Megan Greene: Irish people rightly feel they deserve something back after putting their backs to the wheel – but a giveaway budget this year would be reckless
A year ago, the Irish government expected that it would need to find €2 billion worth of tax hikes and spending cuts in 2015.
Megan Greene: Low growth, high unemployment and public debt may see European leaders get a electoral kicking. But what will this mean for Ireland?
Ireland voted on Friday, much of Europe is voting today, and by this evening we will know the outcome.