Quinn: we don't yet know the extent of budget cuts to be made
on 09/09/2013 13:12:55
At the weekend, Ruairi Quinn insisted that €100m would be the upper level of cuts he would have to make.
But speaking today, he said he is not able to state what the correction will need to be.
"We won't know for example just exactly how many people have retired," he said.
"79% of my budget of eight hundred thousand million is fixed on salaries - and it's a big chunk. So the range I'm currently told is between €45 m and €100m+; but in two-and-a-half weeks time I'll have a clearer picture."