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Budget cuts will total €2.5 billion

The Minister for Finance has confirmed that next week's Budget will have cut backs totalling 2.5 bil...
TodayFM
TodayFM

9:27 AM - 8 Oct 2013



Budget cuts will total €2.5 bi...

News

Budget cuts will total €2.5 billion

TodayFM
TodayFM

9:27 AM - 8 Oct 2013



The Minister for Finance has confirmed that next week's Budget will have cut backs totalling 2.5 billion

That's significantly less than the 3.1 billion euro being originally demanded by the Troika.

Michael Noonan says the EU and IMF are happy with the headline figures being sent to the cabinet for approval this morning.

He says the rest of the deficit can be made up with the savings the Government has already recorded: Minister Noonan spoke to reporters on his way into this mornings cabinet meeting.

 



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