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German parliament discusses possibility of Irish mini budget for 2012

29 February, 2012 - by Pearse Doherty TD

Sinn Féin Finance spokesperson Pearse Doherty has described as “deeply troubling” today’s news that the German Parliament’s Finance Committee was discussing the as yet unpublished European Commission review of the Irish bailout programme and that these discussions included talk of a possible mini budget for Ireland in 2012.

Deputy Doherty said:

“Today we have learned that once again the German Parliament is discussing sensitive documents relating to the Irish Troika austerity programme before the Irish public, members of the Dáil or Finance Committee have even seen them.

“An as yet unpublished European Commission review of the Troika programme was discussed by the German Parliamentary committee. Among the items discussed was a commission view that the Irish state may require a mini budget for 2012.

“It is deeply troubling that yet again German Parliamentarians know more about the details of the Troika’s austerity programme in Ireland that elected Irish politicians.

“It is also worrying that the European Commission appears to be recommending greater cuts and tax hikes. Sinn Féin has been warning of this for some time. We have repeatedly said that unless there is a change of direction Ireland may not meet its Troika targets and a mini budget may be necessary. If today’s reports are true our fears will have been confirmed.

“I am calling on the Taoiseach to explain what is going on, why the German Parliament is discussing this document before we have been given the chance to discuss it, and to state what he knows about the commission’s views on a mini budget.” ENDS

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