Alice-Mary Higgins (Independent) | Oireachtas source

The concern is that it might create a policy chilling effect. If the precedent of previous fiscal targets, which we know were quite unachievable and created a great deal of pressure in many countries in Europe, is used, it may create an environment where a stimulus in public investment is needed, not only in the Covid response but also the transition necessary in the climate emergency that we face collectively, yet with a set of targets being implemented soon that reflect a previous circumstance. The future of Europe process may include treaty change and that is part of the scope. I am trying to ensure that we do not create a chilling effect or counter pressure against a more stimulus-based approach to Europe's collective financial future.