ECB Duisenberg says Irish budget out of line

European Central Bank President Wim Duisenberg on Feb. 1 said he shared the European Commission's critical assessment of Ireland's expansionary budgetary policies. The Commission has asked EU finance ministers to issue an unprecedented formal reprimand for Ireland to end the "inconsistency of the expansionary aspects of its (2001) budgetary plans."

"The budget plans of the Irish government were clearly out of line with the the broad guidelines they had agreed to earlier," Duisenberg said at a

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