Stephen Kinsella: Bus Éireann’s three remaining routes

Pay cuts, more taxpayers’ money or examinership – one of these things has to happen

The NBRU’s Dermot O’Leary leads a protest by bus drivers on Kildare Street last week Picture: Fergal Phillips

Bus Éireann can’t continue in its current form without one of three things happening.

First, the unions could accept pay cuts and productivity increases, which in this context are also pay cuts, somewhere in the region of 30 per cent at their most extreme. Who reading this could take a 30 per cent pay cut and not feel it?

The unions could capitulate to this but, in my view, they shouldn’t. To do ...