Wednesday September 23, 2020

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
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...

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