The [IRISH GOVT] has offi
ByThe [IRISH GOVT] has officially said that Eur 15bn worth of fiscal
cuts are required over the next four years (may achieve half of this next
year), something that the opposition party agrees with. Ireland's Gael
party estimates that finding Eur 7bn worth of budget adjustments would put
the Irish deficit below 10%/GDP and does not rule out social welfare and
job cuts to reach the fiscal goals. The opposition party is against
cutting public sector wages, but favours selling some assets to help fund
a parallel stimulus package. He sees the 2014 deadline to slash the
deficit in line with the EU's 3% limit as 'sacrosant', according to the
finance spokesman. Meanwhile, the Finance Dept sees 2% GDP growth next
year and expects the same in 2012
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