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20.09.201005:22:00UTC+00Irish Cbank expect threat to 2014 budget target

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  • Ireland may not be able to cut its budget deficit to meet EU rules by 2014 as planned due to weaker than expected trends in the economy. Cbank
  • Cbank's chief said that if the eonomy stays on track deficit would come close to 3pct by 2014.
  • He also said that some explicit reprogramming of the budgetary profile for the coming years is clearly necessary soon if debt dynamics are to be convincingly convergent.

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