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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Thu 11 Nov 2008Ireland can expect no kid gloves over EU rules breach

OPINION:Despite strong warnings, the Government massively breached euro zone budget rules. Now the EU Commission wants to censure Ireland, and Ireland should be glad of it, writes DAN O'BRIEN

THE GOVERNMENT and its advisers apparently expected the EU Commission to ignore its breach of budget rules by invoking the "exceptional circumstances" clause in the (revised) Stability and Growth Pact. They miscalculated badly.

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