Oireachtas Joint and Select Committees

Thursday, 9 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Six Month EU Scrutiny Report: Discussion with Department of Finance

11:35 am

Mr. Tony Gallagher:

They cover EU countries. In terms of the procedure, two countries, Spain and Slovenia, were selected for special attention and happened to be in the euro area. That process is still in train. The in-depth reviews will be reflected in the country-specific recommendations for member states at the end of this month.

I wish to clarify two matters. The Deputy raised the question of local authority budgets. I can confirm that, under the two pack, all budgets, local and central, must be published by 15 October.

The second point concerns a situation where the Commission considers that a draft budgetary plan is problematic. It reverts to the member state within two weeks to make revisions to the plan. However, the Commission cannot change draft budgetary plans, although it will publish its opinion.

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