Oireachtas Joint and Select Committees
Wednesday, 13 November 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Discussion with Minister for Finance
11:00 am
Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source
The Minister mentioned that there will be a discussion on the broader macroeconomic situation. I am aware that Commissioner Ollie Rehn commented in The Economist magazine last week. We are all aware of procedures for countries in deficit but there are large European Union countries that have moved into excessive surplus and Ireland, as much as any other country, requires European growth. Is there growing pressure in the EU to encourage countries with excessive surpluses, for example Germany, to take measures to improve European growth and growth within its own country?
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