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Sat 05 May 2009Ireland has '15% chance of falling into bankruptcy' Case study Bookaroom.ie Case study JS Dobbs Co Ltd Case study Cloverhill Food

THE REPUBLIC has a 15 per cent chance of falling into bankruptcy, according to a London-based economist who addressed a gathering of small businessmen and women in Dublin yesterday.

Dan O’Brien, senior editor at research group the Economist Intelligence Unit, says the Government should urgently cut spending on infrastructure and welfare if it wants to avoid financial failure.

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