Oireachtas Joint and Select Committees
Wednesday, 30 May 2018
Committee on Budgetary Oversight
Ireland Country Report and Country-Specific Recommendations: European Commission
2:00 pm
Colm Brophy (Dublin South West, Fine Gael)
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This is something the committee has done a great deal of work on. It is at the heart of that answer. We can understand the perspective of the Commission and, depending on their perspective on a rainy day fund, people might agree with the general thrust of what Mr. Martínez Mongay is saying. The question, however, is how EUROSTAT views it because if it takes one particular view of it that will have an impact on the idea of having a rainy day fund. If it takes the view that the Government, several members and I would like it to take, it will be using it in the correct way, which is important.