Oireachtas Joint and Select Committees

Thursday, 19 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2014: Irish Fiscal Advisory Council

3:40 pm

Professor John McHale:

Yes, and, a little contrary to what I said to Deputy Barrett earlier, the nature of the rules affects this. We need to exit the excessive deficit procedure. Failure to do so could bring sanctions on us and would not be good for our credibility.

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