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Ireland · Question · written

PQ 151

151 Deputy Joan Burton asked the Minister for Finance his views on the EU Commission’s autumn economic forecasts in so far as they concern Ireland; his views on whether the implication is that the EU Commission does not have confidence in Ireland meeting its fiscal deficit target of below 3% by 2014; his further views on whether the implication of the debt-to-GDP forecasts contained therein imply that the EU Commission expects that the cost of recapitalising the Irish banking system is likely to be some €10 billion higher than previously acknowledged, even before the revised PCAR analysis is carried out; his views on whether this scenario is deeply worrying; and if he will make a statement on the matter. [47990/10]

askedIreland· Dáil Éireann· EN

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16 December 2010

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16 December 2010

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151 Deputy Joan Burton asked the Minister for Finance his views on the EU Commission’s autumn economic forecasts in so far as they concern Ireland; his views on whether the implication is that the EU Commission does not have confidence in Ireland meeting its fiscal deficit target of below 3% by 2014; his further views on whether the implication of the debt-to-GDP forecasts contained therein imply that the EU Commission expects that the cost of recapitalising the Irish banking system is likely to be some €10 billion higher than previously acknowledged, even before the revised PCAR analysis is carried out; his views on whether this scenario is deeply worrying; and if he will make a statement on the matter. [47990/10]

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