Government to ease budget by €1bn
It has been reported this morning that the Government could ease the budget by up to €1bn.
According to the Sunday Business Post, senior political sources have said exchequer cash - including money from the promissory note deal will be used to reduce the impact of the budget on taxpayers - despite objections from the Troika.
It has not yet been decided whether the Cabinet will use the extra €1bn to reduce planned cutbacks and tax hikes or towards a stimulus plan.
