EU

EU forecast: Ireland’s ‘brisk’ public spending offset by still-high taxes

Spending across all government departments is eating into Ireland’s budget surplus, the European Commission has said. But still-buoyant tax receipts offer the government cover, while the EU braces for a ‘hot fiscal summer’.

European economy commissioner Paolo Gentiloni has predicted a “hot fiscal summer” ahead. But Ireland will escape the heat. Picture: EU/Frédéric Sierakowski