Buba Stark-EU fin min council should censure Irish

- Central Banking staff
- 09 Feb 2001

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Ireland should be censured by the full council of European Union finance ministers, for not adhering to its commitment to tighter fiscal policy, Deutsche Bundesbank Vice President Juergen Stark said on Feb. 9, according to German newspaper Boersen-Zeitung. Fears that Ireland may be headed for a severe economic overheating and a further rise in inflation were stoked by the country's 2001 budget, unveiled in December 2000, which contained its most generous-ever combination of tax cuts and social

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