Tuesday, April 7, 2009

Irish Emergency Budget Aims to Avert ‘Grave Crisis’

http://www.bloomberg.com/apps/news?pid=20601087&sid=aBxWJ.qKLWsM

Once again Ireland is just a little ahead of the UK and USA.

“The S&P downgrade was a kick up the backside,” said Jim Power, chief economist at Friends First in Dublin. “There is a short-term firefighting issue in the budget and a longer-term sustainability issue.”

No comments: