The Economic and Social Research Institute is urging the Government to make Budget savings of MORE than 3.6 billion euro.
The group is also calling for details of the planned measures to be released before December – to give greater certainty to households and businesses.
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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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