Oireachtas Joint and Select Committees

Thursday, 8 February 2018

Joint Oireachtas Committee on Housing, Planning and Local Government

Reclassification of Approved Housing Bodies: Discussion

9:30 am

Mr. John McCarthy:

It is not for this year, but for next year. For this year, everything is locked down. The way it is done at European level is that the fiscal space is calculated and locked down by the European Commission in May-June of every year, so even if there are changes like this, it would be taken into account. This alone does not affect compliance with the fiscal rules for this year.

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