Bloomberg News

Irish Minister Says EU3.6 Bln Cuts, Taxes Enough to Hit Target

October 11, 2011

Oct. 11 (Bloomberg) -- Irish energy minister Pat Rabbitte said the government “reckoned” that 3.6 billion euros of spending cuts and tax rises in 2012 will be enough to reach the deficit target of 8.6 percent of gross domestic product.

In an interview with Dublin-based broadcaster RTE, Rabbitte said that was the “advice” the government had received.

To contact the reporter on this story: Dara Doyle in Dublin at

To contact the editor responsible for this story: Louisa Fahy at

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