Wednesday January 22, 2020

A no vote will mean "more austere measures" says Noonan

Finance Minister Michael Noonan said the Government would have to cut its growth forecasts and face the prospect of “more austere measures” in future budgets should voters reject European fiscal compact.

2nd May, 2012
Minister for Finance Michael Noonan.

Finance Minister Michael Noonan said the Government would have to cut its growth forecasts and face the prospect of “more austere measures” in future budgets should voters reject European fiscal compact this month.

With the government currently forecasting 2.2 per cent economic growth next year, “the uncertainty caused by a ‘no’ vote will cause that to come down,” Bloomberg reported Noonan as saying in Brussels today. In planning for budgets over the next...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 weeks ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago