Room for manoeuvre - but not much

There may be some scope for easing austerity - but the fact remains that major savings must still be made, writes Cliff Taylor.

11th May, 2013
Michael Noonan. Photo: Tony O'Shea

Savings of €300 million this year and €1 billion by 2015. How many times have we heard this phrase repeated? These are the savings which the government wants to find from cutting public sector pay costs and which, one way or the other, it insists it has to achieve.

The financial reason is clear. The savings are already included in the projections for this year and the figures for 2014 and 2015. They were part of...

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