Keeping an eye on the public finances

Mon, Jul 14, 2014, 01:01

Sir, – There appears to be a general loosening of State finances, with reversals on certain savings. We are not nearly anywhere out of the woods economically. The country is borrowing €12.5 billion a year, or €34 million a day, just to tick over and is borrowing to repay borrowings. – Yours, etc,

TIM BRACKEN.

Blarney Street, Cork.