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European Commission Calls For Action On Irish Economy

A new report from the European Commission is warning that decisive action must be taken to address imbalances in the Irish economy.

The review is being published today and will show that despite improvement, risks still exist – including unemployment, concerns about the banking sector and the high level of private and public debt.

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The Irish Times reports the commission is also raising concerns about the funding model for Irish Water, warning it may not be in a position to fund and borrow on the markets.

It also says the Government should press ahead with the planned reform of the Junior Cert.

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