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Monday 11 December 2023 Dublin: 7°C

# Budget11

All time
Gogarty tells Dáil Ireland must "slash its wrists"
Labour lays out proposals for cutting deficit
Gilmore suggests raising tax rate for those on €100,000, while Cowen says government’s adjustment plan will rely more on spending cuts than tax increases.
Government borrowing costs take yet another spike
As the government announces massive budget adjustments, the cost of Irish borrowing lies just off its all-time peak.
Here are the awful details behind Ireland's export recovery
Unemployment is going to sit at around 13%, says Davy Research, and currency ‘headwinds’ will hit our growth.
Dáil begins debate on €15bn budget adjustments
Brian Cowen tells the Dáil that the Croke Park agreement will remain, while the opposition slam government policy.
Dáil prepares to debate €15 billion Budget cuts
Minister Lenihan says the government’s plan is to cut €15bn over four years, with the coming Budget bearing the brunt of the cuts.
Government's four-year target raised to €15bn
The government says it is “neither credible nor realistic” to delay the budget cuts and tax increases.
Builders' federation says Budget must prioritise jobs
Contain your shock.
Cabinet meetings to decide bloodbath Budget cuts
An evening meeting today – and an all-day knocking of heads tomorrow – should decide how much spending will go.
HSE could lose 6,000 staff after bloodbath Budget
The Budget in December could bring €1bn in healthcare cuts – and mean enormous redundancies at the HSE.
Fianna Fáil support plummets as Labour gains ground
Tomorrow’s Red C opinion poll in the Sunday Business Post shows FF support returning to shocking lows.
Abiding by EU targets kills economy for a decade – ESRI
The economic think-tank says aiming for the EU’s 3% deficit target by 2014 will force Ireland into a downward spiral.
Ireland won't ask EU for budget target extension
The Department of Finance says it won’t ask Brussels to extend its 2014 deadline for reining in the budget deficit.
Budget 2011: unexpected shortfall means double the pain
This Budget just got a whole lot bloodier: Cutbacks and tax hikes over the next four years could be double the previous “worst case scenario”.
Opposition react to public finance shortfall
Politicians were briefed by the Department of Finance today about the state of the nation’s coffers.
Fine Gael supports government’s four year economic plan
Cowen says he’s approaching the party talks with an open mind, and Bruton says Fine Gael wants a full Dáil debate before agreeing to any economic measures.
Sinn Féin critical of exclusion from consensus talks
€4bn budget cuts mean €2bn drop in economic growth - IMF
Damned if we do, and damned if we don’t. We can’t afford to borrow, but cutting spending means double-dip…
Housing agency calls for 'NAMA for the people'
Threshold urges government to take stake in bad mortgages while allowing tenants to retain a stake and stay in their home.
Central Bank head doesn't foresee corporate tax hike
Patrick Honohan says he does not think Ireland’s economic pressures are big enough to require an increase.
Ireland has turned a corner. No, really - S&P
Ratings agency Standard & Poor’s says the Irish economy will be quicker to recover than other European systems.
Defiant Lenihan insists Ireland can avoid bailout
Ireland can “absolutely” dodge the need to go cap-in-hand to Europe – but pensions and welfare could be hit.
All-party financial talks remain up in the air
The Greens are confident, the Taoiseach is on board, but the opposition say nobody’s asked them.
Taoiseach writes off chances of ‘national’ government
‘Political consensus’ would be welcome on financial issues – but national government would create ‘uncertainty’.
Central Bank lowers expectations of economic growth
The economy will still grow in 2010, according to the revised forecasts, but only just.
Public trade union says no to further pay cuts
The IMPACT union says public servants have been hit harder than most, and shouldn’t be considered an easy target.
Ireland's era of low tax is over, says commissioner
Olli Rehn, the man behind the four-year budget strategy, says it is inevitable that the ‘low tax’ policy must end.
FG refuses to abide by four-year plan - but seeks 'truce'
The finance spokesperson says the government can’t hold the opposition to its plans – while senators seek co-operation.
Taoiseach says tax hikes likely in 2011 Budget
In a lunchtime interview, Brian Cowen says “revenue raising” will have to be part of a new, harsher-than-planned Budget.
EU ramps up pressure for management of budget deficit
Board members of the European Central Bank say it’s vital that Dublin gets its budget deficit in order, or else…
Ireland's economic meltdown: what the world says
“The folly of cuts,” says the Guardian; the drop is “unexpected” says WSJ; “the first to face a double dip,” says Telegraph.
Deficit must be tackled quickly, Honohan warns
“Explicit reprogramming of the budgetary profile for the coming years is clearly necessary soon if debt dynamics are to be convincingly convergent.” No, we don’t know what that means either.
Green junior minister told to pull Property Tax blog entry
Ciarán Cuffe is forced to remove an entry where he proposes a property tax, because it’s against government policy.
Member states ask EU to change its accounting rules
Countries say changes to accounting protocols could help cut their budget deficits.
Unions call for fairness in PRSI changes
Unions welcome proposals of increased PRSI contributions, with certain provisions.
Economic growth but a harsh budget, Ronan says 'shorry', and a prize bond jackpot
Paperround: Our guide to the pick of the Saturday press.
The €39bn capital programme: what's in and what's out
Some rail projects are dropped but other motorways will be finished.
The FG fallout continues, Cabinet divided over €1.1bn budget cuts, and pay or lose your passport
Paperround: Your digested guide to the Sunday broadsheets. Warning: may cause financial sadness.
ESRI analysis comes ‘out of thin air’
Nobel Prize winner Paul Krugman really doesn’t agree with our economic policy.