Oireachtas Joint and Select Committees
Thursday, 11 July 2013
Joint Oireachtas Committee on European Union Affairs
Priorities for Lithuanian Presidency of the Council of the European Union: Discussion
3:20 pm
Paschal Donohoe (Dublin Central, Fine Gael)
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With regard to the economic situation in Lithuania, I could not help but notice that according to our briefing note, in 2009 it had a fiscal deficit of 9.5% and four years later this has fallen to 3.2%, which is a rate of adjustment almost twice what has been achieved in Ireland. Will Mr. Purlys explain the changes which have been made to deal with this to hospitals, schools and public sector wages so we have a feel as to what has happened? Will he also explain what has happened to the currency during this period?