In an extraordinary development, confidential details of Ireland’s next budget were presented to the German Bundestag before the Irish parliament this week, outraging Irish political leaders.
As European queasiness over Berlin’s growing dominance of the regions economic affairs grows, the controversy has been latched onto by Eurosceptics.
Details of the Irish budget, which include a two percentage point increase in the country’s 21 per cent value added tax, were given to the German finance ministry as part of a quarterly review of Dublin’s $114 billion bail-out by international lenders.
According to the Financial Times, German political observers say that by German law, the Bundestag’s budget committee must review such documents to approve the country’s release of quarterly aid.
But Irish Finance Minister Michael Noonan called the leak of the document by the Bundestag "disappointing," and leader of the opposition Fianna Fail party Michael Martin called it "incredible."
The Irish budget is not due to be announced in Dublin until December 6.
"This is another example of how the sovereignty of this state has been handed over," Gerry Adams, head of Sinn Fein, told the Financial Times.
Bill Clinton's warning about Irish economic prospects -- says country needs to forgive mortgage debt much quicker
Irish economy will be an issue in US 2012 presidential election ---Economic miracle or still a basket case?
2012 Republican economic plan - more tax cuts for the rich
Guinness is good for you, say medical experts