Burton refuses to rule out reduction in social welfare cuts

Minister for Social Protection Minister Joan Burton has said any possible easing of austerity measures is going to be a roundtable discussion.

It follows comments by EU Commissioner Ollie Rehn at the G20 in Washington yesterday that Europe will ease austerity in a bid to accelerate growth.

Speaking at a Saint Vincent De Paul conference in Dublin today, Minister Burton refused to rule out seeking a reduction in her own Department’s targeted spending cuts.

Reports during the week suggested that she would seek a reduction in the €440m target set for social welfare cutbacks in October’s budget.

However, the Labour Minister did say the Troika now acknowledges that they got their original approach to austerity wrong.

Ms Burton said: "They got the calculation of the impact of the cuts in expenditure wrong.

"There was an economic model which they said, with some confidence, would produce growth, but it hasn't produced growth to the level that they estimated.

"In fairness to the IMF they have been very intellectually honest about that."


More in this Section

Retired surgeon denies assaulting six teenage boys

Government set for big defeat over women’s pension anomaly

17-year-old described as a risk to community and women in 'alarming and distressing case'

‘Day-to-day life changed hugely’ for girl after horrific assault by teenager


Today's Stories

Megan Halvey-Ryan to run half-marathon after scoliosis surgery success

Three people killed as Ireland feels the full force of Storm Ophelia

Government urged to seek emergency cash from EU crisis fund

Schools closed again as building inspections set to begin in earnest

Lifestyle

Remembering the dead: Poignant reason behind Cork’s Zombie Walk

Eight events around Ireland to check out for some frightful fun this Halloween

Massacre at mass on Scariff Island

Ask Audrey: 'It’s like I’m in a horror movie called Revenge of the Norries'

More From The Irish Examiner