Above is a letter to Portuguese Finance Minister Mário Centeno co-signed by European Commission Vice-President Valdis Dombrovskis and EU Economic Affairs Commissioner Pierre Moscovici, asking for explanations as to why the Portuguese government is planning to cut structural deficit by only 0.2% of GDP in 2016 – which, the Commission notes, is “well below” the recommended target of 0.6% of GDP. More below.
Showing posts with label Dail. Show all posts
Showing posts with label Dail. Show all posts
February 24, 2016
April 18, 2015
T.K. Whitaker - A United Ireland would pose a "formidable" if not "intolerable" burden (1968)
| Jack Lynch and Terence O'Neill, with T.K. Whitaker in the rear-ground, Ireland's rough equivalent to Sir Kenneth Bloomfield |
Stormont is like a giant ATM, a quango spending a budget. Ireland has unshackled itself from the worst of Troika rule but stills faces severe fiscal headwinds and uncomfortable belt-tightening. Northern Ireland is an overgrown man child dependent on parental handouts. Southern Ireland is a recently graduated student trying to find a job and a stable footing in the world. Neither is in a position to make matrimony. Not at the moment and not without substantial reforms and rehabilitative measures from Northern Ireland and a more rebalanced economic structure in the south.
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