Doing enough . . . but not too much

The budget battle is on, but Euro 2 billion in cuts looks unlikely, writes Cliff Taylor.

22nd June, 2014
Minister for Finance Michael Noonan: his budget target looks set to go against the advice of the Irish Fiscal Advisory Council. Picture: Feargal Ward

Ignore the shouting. Ignore the largely meaningless back and forth in public between the EU, IMF, the Fiscal Council and the government, and consider the two key facts. Number one, the government – particularly the Labour side – took a hammering in the local and European elections. Number two, it looks unlikely that the government will need to implement the full €2 billion adjustment in taxes and spending in the budget to meet the target...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago