Brussels to back Fine Gael’s policy of continuing austerity and €2bn budget cuts
Despite state spending being lower than forecast and income expected to be up for the year, the Government is making a case for no let-up in its drive to cut a further €2bn out of the budget for 2015.
They are confident they will reach — and exceed — the EU requirement to cut the budget deficit to no more than 3% of GDP next year, the Government said in its report to the European Commission.
