Dáil debates
Tuesday, 25 May 2010
European Council Meetings
2:30 pm
Enda Kenny (Mayo, Fine Gael)
I know, but it is to do with the reclassification of the Government's contribution to Anglo Irish Bank as spending rather than investment. The Government recently said it might have to give another €10 billion to Anglo. Given that the Commission has already classified such a transfer as spending, what are the implications for our budget deficit if a similar reclassification occurs? Does the Taoiseach consider this to have implications for Government budgetary strategy in terms of further spending reductions or taxation?
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