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Sat 02 Feb 2009Cowen warning on living standard is Finance view
SPEECH REACTION:TAOISEACH BRIAN Cowen’s suggestion that the standard of living would fall by 10-12 per cent in the coming years was based on information contained in a framework document presented to the social partners.
The economic division of the Department of Finance prepared cumulative projections that predicted decreases in standard of living between 2008 and 2010.
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