Oireachtas Joint and Select Committees

Thursday, 31 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

1:15 pm

Mr. Jim Deane:

It is not fixed. Any decisions made are supposed to be proportionate and effective and take into account the economic and social circumstances of the member state in question. They also take into account external factors that would contribute to the ability to meet the targets. The sanctions do not pertain to fixed amounts.