Sign up to The Irish Times Archive (1859 - 2008)My Account »
Sat 01 Jan 2009Loss of competitiveness remains most serious issue
The future of our economy depends on the extent to which we tackle excessive pay, writes Garret Fitzgerald
UNDERSTANDABLY, AT this stage the Government’s most immediate concern is with the exchequer finances. And it is indeed vitally important that it succeed in achieving the €2 billion cut in 2009 borrowing to which it publicly committed itself several weeks ago. Its capacity to borrow further substantial sums in the next couple of years depends upon its success in delivering on this commitment, which the Taoiseach clearly believes is now within the Government’s grasp.
Choose a Subscription type - required
