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Wed 10 Oct 2008Policies will need to reflect demands of a changed world
COMMENT:Measures to balance the books will not be enough to ensure the economy bounces back, writes COLM KELLY
BOLD STEPS have been necessary in recent times to stave off the most serious financial crisis facing the global and local economies in decades. Radical measures seeking to stabilise the financial system and a rapid deterioration in the public finances provided a demanding backdrop for Brian Lenihan's first Budget as Minister for Finance. The Minister began by stating his intention to raise an additional €2 billion in taxes next year.
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