GDP target 'completely unrealistic', O Caolain tells Rehn

Sinn Féin Dáil leader Caoimhghin O Caolain has today EU Economics Commissioner Olli Rehn to go back and tell Europe that Ireland cannot cut its Budget deficit to 3% of GDP by 2014.

“I and my colleagues Deputy Arthur Morgan and Mary Lou McDonald this morning informed the European Commissioner Ollie Rehn that Sinn Féin will not be part of any consensus that seeks to cut €6bn from the economy next year hitting low earners and vital public services hardest,” Mr O Caolain said.