Thursday September 24, 2020

Full €2bn adjustment may not be needed, says Noonan

Finance minister Michael Noonan has said it may be possible to bring Ireland's deficit below 3 per cent of gross domestic product without the full adjustment of €2 billion planned for the coming Budget.

4th June, 2014
Minister for Finance Michael Noonan.

Finance minister Michael Noonan has said it may be possible to bring Ireland's deficit below 3 per cent of gross domestic product without the full adjustment of €2 billion planned for the coming Budget.

The European Union expects Ireland to meet the deficit target but recent poor election results for the government parties has underlined how difficult it will be to push through further austerity measures.

Fine Gael and Labour will receive some good news today....

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