I have given an interview for UTV radio (which will be aired on a number of local radio stations) regarding the potential "accounting error" which would see Ireland's government deficit being overstated by over €3 billion. It outlines the fact that if this is the case it is a once off payment and that at best it may allow the deferral of some cuts for a brief period of time. It also notes that we have other assets, such as the National pension Reserve Scheme which we are holding onto to and not cashing in fully on to meet our budget requirements.
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7/11/2012 12:18:33 pm
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AuthorJustin Doran is a Lecturer in Economics, in the Department of Economics, University College Cork, Ireland. Archives
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