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Fri 07 Jul 2008Economy is not in 'meltdown', says Coughlan
The economy is not in “meltdown” and it is “not the 1980s”, Tánaiste and Minister for Enterprise, Trade and Employment Mary Coughlan said this morning.
Ms Coughlan said the Government would take a “prudent” approach to “readjusting” the public finances and that final decisions would not be taken until next Tuesday afternoon. The Tánaiste also said a pay freeze in the public sector had not been ruled in or out.
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