Michael Noonan's again ruling out a €2 billion budget in October.
The finance minister says he won't need to implement as many cuts as the Troika lenders want.
The European Commission and IMF have both called for a full €2 billion of austerity measures in the Budget - saying it's necessary to meet our Budget targets.
But in Luxembourg this afternoon Michael Noonan says he doesn't think he'll need to cut so deeply: