Sunday March 29, 2020

Desperately seeking a few billion euro

As the Cabinet gathers today to start work on the budget, ministers will finally dare to face reality

21st March, 2009

Raise taxes or cut spending. Whatever way the government turns, it is faced with huge political problems in framing next month’s budget.

The cabinet is to start serious consideration of the shape of the package today, with speculation that cuts in spending and tax increases running into billions are being sought - and more is to come over the next couple of years.

There are intensely difficult political and economic considerations for the...

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