The Inquisitor: Cowen plays it safe this time round

Another December, another budget. Minister for Finance Brian Cowen’s fourth budget may not have been the most exciting day out, but he managed to tick most of the right boxes, with a lot less money to play with than he had before.

8th December, 2007

Another December, another budget. Minister for Finance Brian Cowen’s fourth budget may not have been the most exciting day out, but he managed to tick most of the right boxes, with a lot less money to play with than he had before.

Of course, the shortfall is being made up through higher borrowing. The Exchequer can afford the level of borrowing Cowen talked about, but there are some worrying elements to his economic...

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