Oireachtas Joint and Select Committees

Tuesday, 10 February 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

ECOFIN Briefings: Minister for Finance

6:30 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

No. There are two items there about budgets. It will review the 2014 budget. The way it normally works is that the creditor nations are critical and the expenditure nations are seeking expanded budgets. There is qualified majority voting; there will not be unanimity. Certain countries, which one can predict, will have a problem with overspending, while other countries, which one can predict as well, will have plans for additional expenditure.

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