Stephen Kinsella: Fiscal space. What fiscal space?

The Irish government has just delivered its summer economic statement. The numbers will now have to be revised

Stormy financial seas? Picture: iStock

For once, Ireland’s civil servants got it exactly right. No, I haven’t been hitting the Blue Nun early. Honest.

The recently drafted National Risk Assessment placed the threat of the UK leaving the European Union as a real and negative threat to the Irish economy, and a taskforce from the Department of the Taoiseach has been working for more than a year on contingency plans for Ireland in the event of a Brexit ...