Oireachtas Joint and Select Committees

Tuesday, 15 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Irish Stability Programme Update: Minister for Finance

7:45 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

It would be easier for people dealing with debt as well.

The table on page 11 refers to a harmonised index inflation level of 0.5% this year, going up to 1.4% or 1.6% in 2018. Is that an acknowledgement or a suggestion that essentially the ECB will not hit the 2% or 1.9% target for many years?

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