- Apr 7, 2010
Sinn Féin tells commissioner Rehn that 2014 is unachievable | Sinn Féin
Deputy Ó Caoláin said:
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 6 billion from the economy next year hitting low earners and vital public services hardest.
Sinn Féin has put forward a fairer, better way which seeks to stimulate the economy in order to create jobs and reduce the deficit in a more natural manner. We advocate the creation of a Consensus for Recovery.
We informed Commissioner Rehn that the 2014 target for reducing the budget deficit to 3% of GDP is completely unrealistic and unachievable. Furthermore we told him that it is our belief that the Government parties along with Fine Gael and Labour know that 2014 is unachievable and are simply trying to create a bluff in order to instil confidence in the international bond markets.