Speaking as Ireland’s Finance Minister, Paschal Donohoe, welcomed the idea of introducing an expenditure benchmark into the EU’s fiscal rules, on Wednesday 11 May during a debate with the European Parliament’s Committee on Economic and Monetary Affairs.
“I think it’s a good idea”, he replied to a question from Marek Belka (S&D, Poland) on this measure which should be, “preferably, as simple as possible”. He said that a reform of the Stability and Growth Pact to include a...