Pay talks: A deal at any price?

Lots of demands are being made ahead of the upcoming public sector pay talks, but the stark truth is that there is relatively little money to go round

14th May, 2017
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Pascal Donohoe: on good terms with both employers and unions Picture: Fergal Phillips

Public sector workers are going into the forthcoming pay talks with enormous expectations. There has been talk of getting pay increases worth €1.4 billion, scrapping the extended working week and getting back the old, more generous rules on taking a sick day.

But all this comes at a time when the state is borrowing €3.4 million every day just to keep the lights on. That adds up to a total of €1.24 billion in borrowing...

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