Michael McGrath promisesstimulus budget; Taoiseach labels Sinn Féin attacks 'cynical'

Micheal McGrath moved to reassure his colleagues that, despite the country being in the teeth of a severe recession, austerity is not the approach he will be taking.

Public Expenditure Minister Michael McGrath has promised that next month’s budget will not be a “slash and burn” affair, with him primed to stimulate the economy to the tune of billions of Euro.

At the Fianna Fáil parliamentary party meeting, Mr McGrath moved to reassure his colleagues that, despite the country being in the teeth of a severe recession, austerity is not the approach he will be taking.