Analysis > February 2016

Fiscal Space – this madness must end!

There is no double counting. There is no mystery. It’s really simple. The net fiscal space is €8.6 billion. This figure has not changed since last October, when it was published as part of the Budget. Nobody has obtained special information from the Department of Finance to suggest otherwise. Nobody has discovered anything new. Fine Gael uses the €8.6 billion figure in its calculations of what might be feasible for the next government. Labour does the same. So does Fianna …