Cowen banks on growth

Happy is the Minister for Finance whose Exchequer revenues are increasing faster than spending at a time when the economy is expanding.

4th December, 2004

Happy is the Minister for Finance whose Exchequer revenues are increasing faster than spending at a time when the economy is expanding. In his first Budget as the Minister for Finance, Brian Cowen, has the comforting long-term view of an economy that is starting to perform extremely well indeed.

Cowen's Budget day sums added up to an expected shortfall of about €2 billion in the general government balance, a sizeable gap in terms of what...

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