Irish Finance Minister Michael Noonan Photo by: REUTERS

Irish Government outraged over German leak of December budget plans


Irish Finance Minister Michael Noonan Photo by: REUTERS

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.


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