More austerity ahoy.

The Fiscal Advisory Council says the weakening international growth outlook raises a question mark over the ability of the Government to hit its Budget deficit target of 8.6% of GDP, and says extra measures may be needed this year.

In the years up to 2015, the council repeats its view that the Government ought to introduce an extra €2.8bn in budget measures on top of what is already planned.

Govt May Not Hit 8.6% Deficit Target – Fiscal Advisory Council (RTE)

Who is in the Fiscal Advisory Council?