Joint Committee on EU Affairs

I am attending the Oireachtas EU Affairs Committee on Thursday.  The meeting will examine the Fiscal Compact, the updated Stability and Growth Pact, and the recently concluded second bailout agreement for Greece. 
A set of notes I prepared in advance of the meeting can be read here.


Contents:

1. Budgetary Rules in the ‘Fiscal Compact’
   1. The Debt Brake Rule
   2. The Structural Deficit Rule
2. Could Other Rules Have Prevented the Irish Crisis
   1. The Expenditure Rule
   2. The Macroeconomic Imbalance Procedure
3. A Greek Deal for Ireland

UPDATE:  The transcript of last week’s session can be read here.