Comment: Where is the strategy to handle the looming financial crisis?

The government has relied on spending to mitigate the economic fallout from the pandemic, but the pain cannot be put off for much longer

9th August, 2020
Comment: Where is the strategy to handle the looming financial crisis?
Paschal Donohoe, the minister for finance, cannot write a blank check to continue subsidising the workforce and companies while the economy is effectively shut down. Picture: Sam Boal/Rollingnews.ie

The new government will take a much-needed step back from the spotlight over the next couple of weeks, as it regroups after a shaky start.

It has been an unfortunate beginning for the coalition, with controversies over ministerial salaries, pub reopenings and the dismissal of a senior minister overshadowing the honeymoon period usually enjoyed by new governments.

Those around the cabinet table will relish the prospect of a break from intensive public and media scrutiny...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Susan O’Keeffe: Public wants clarity, not false promises, from government

Paul Johnston: Britain’s priorities for UN Security Council align with Irish interests too

Nadine O’Regan: Vaccine envy is a terrible thing to taste

Emer McLysaght: Meeting the many manifestations of lockdown madness head on