Debt up 6-fold
With figures like these, most households probably have good financial news coming in the budget.
Pandemic spending 4 times EU average
One can reasonably expect harsh austerity measures are not far away after this year of largesse however, as the country mimics a bi-polar dog going back to its vomit.
February 25th, 2021 marks an important milestone in Irish politics. It is ten years to the day when Fine Gael stormed to power winning a record 76 seats in the 2011 general election amid the carnage of the financial crash. After a decade of Fine Gael rule, what’s the verdict? The Fine Gael election manifesto […]
Not, just so we’re clear, €47,700 for every taxpayer in Ireland. Not €47,700 for every adult. Not €47,700 for every citizen. Nope. Forty seven thousand, seven hundred euros for every man, woman, and child resident inside the 26 counties of the Republic of Ireland: The Government finances can absorb a forecast 17 per cent spike […]
Couple of things here by way of simple explanation, before we get into it: Lots of people, very reasonably, don’t understand the difference between debt and deficits. Put simply, debt is what you owe – what’s left on your mortgage. Deficit is the gap between your income and expenditure – the amount that has to […]