Dáil debates
Wednesday, 23 May 2012
Fiscal Code
3:00 pm
Michael Noonan (Limerick City, Fine Gael)
As I have explained, the estimate of the structural deficit, which the Deputy is using, is the European Commission's estimate. We have used that in the figures we have published. However we have now got written confirmation from the European Commission advising us that Ireland and other eurozone countries can use their own methodology and set of assumptions when estimating the structural deficit.
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