The Economic and Social Research Institute is urging the Government to make Budget savings of MORE than 3.6 billion euro.
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The group is also calling for details of the planned measures to be released before December – to give greater certainty to households and businesses.
In it’s latest Quarterly Economic Commentary – the think -tank says that while the collapse in the Irish economy has bottomed out – the US and UK recoveries are faltering.
ESRI Research Professor Joe Durkan is recommending tax hikes and spending cuts of up to 4 billion – to reduce the deficit quicker:
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