Friday November 22, 2019

Donohoe clashes with EU’s fiscal watchdog

Minister brands budget rules ‘inappropriate’

21st July, 2019

Paschal Donohoe: opposed to EU’s budget rules Picture: Collins

Paschal Donohoe has branded the European Union’s budget rules as “clearly inappropriate” for the Irish economy.

The finance minister said EU fiscal rules were not fit for purpose in an Irish context at this stage of the economic cycle and tasked his officials with reviewing “shortcomings” in the regulations which govern spending by member states.

In a letter sent to Irish Fiscal Advisory Council (IFAC) chairman Seamus Coffey, Donohoe...

Subscribe from just €1 per month!

or Log in to continue reading

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.

Related Stories

Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure

Daniel Murray | 5 days ago

The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools

Michael Brennan | 5 days ago

The party threatens to put significant financial resources behind its own candidates in bid to ensure that she is ‘never seen again’ in politics

Aiden Corkery | 5 days ago