70 Deputy Caoimhghín Ó Caoláin asked the Minister for Finance if, in view of the fact that savings amounting to €15 billion will be needed which is twice the sum that was under discussion at the time Ireland and the Commission agreed to bring our deficit below 3% of GDP by 2014, he will seek to renegotiate with the European Commission to extend the 2014 deadline; if the European Commission have expressed an opinion on the feasibility of extracting these savings in such a short timeframe; and if he will make a statement on the matter. [41573/10]

Summary

70 Deputy Caoimhghín Ó Caoláin asked the Minister for Finance if, in view of the fact that savings amounting to €15 billion will be needed which is twice the sum that was under discussion at the time Ireland and the Commission agreed to bring our deficit below 3% of GDP by 2014, he will seek to renegotiate with the European Commission to extend the 2014 deadline; if the European Commission have expressed an opinion on the feasibility of extracting these savings in such a short timeframe; and if he will make a statement on the matter. [41573/10]

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• Fiscal Policy

  xml · EN · 10 November 2010

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