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Thursday 28 September 2023 Dublin: 15°C

# Deficit

All time
HSE reports €404m financial deficit to end of August
Beaumont Hospital in Dublin had the largest overspend in the hospital sector running at nearly €20 million at the end of August.
Strike likely as talks over Aer Lingus and DAA pensions break down
Efforts to resolve the €748 million deficit in the pensions scheme ended “in disarray” last night, SIPTU says.
Aer Lingus warns over €748 million pension deficit
The airline said it has put forward proposals as part of the Labour Relations Committee process seeking to improve pension prospects for employees.
Shortall, security and kicks in the bum: the week in numbers
Exactly HOW many people would be better off on the Dole? And just how many people emigrate from Ireland every day?
'Litany of errors' costing the State millions - PAC chair
The chair of the Public Accounts Committee has reacted angrily to the latest report of the Comptroller and Auditor General which was published yesterday.
NTMA chief: It's looking good for 'sustainable' re-entry to markets
However, John Corrigan does warn that “wider uncertainties” in the eurozone could be risk factor to Ireland’s progress.
The Evening Fix: Thursday
Things we learned, loved and shared today.
HSE defends hospital food
The HSE has criticised a newspaper for comparing hospital food with ‘Happy Meals’.
Everything you wanted to know about the bond markets but were too afraid to ask
Ireland’s ongoing struggle is to get back to the markets – but what ARE the bond markets? Here’s our grind.
France 'needs up to €10bn to plug public deficit', says finance minister
The French finance minister says that his country is looking for between €7bn and €10bn.
Assembly calls on British and Irish govts to support RTÉ London correspondent
RTÉ recently announced it would close its London office from September 2012.
RTÉ set for €50m deficit in 2012, says minister
The Minister for Communications told Dáil that key restructuring elements must be put in place this year at RTÉ.
Ireland recorded a 13.1 per cent deficit last year
Without the whole banking debt, it could have been down to 9.4 per cent.
Government policy is 'not an austerity strategy', says Howlin
The Minister for Public Expenditure also said economists’ calls to pour resources into a stimulus strategy reminded him of “Fianna Fáil circa 1977″.
Column: We need to stop taking money out of people’s pockets
Yes, we’ve got a deficit to deal with – but making ordinary consumers pay is hurting the wider economy as well as our wallets, writes Aaron McKenna.
Hungary could lose EU funding over failure to sort domestic budget
Although the Budget deficit for 2012 will be within EU limits of 3 per cent of GDP, it’s only because of one-off windfalls.
Column: Ireland faces a decade of austerity – so let’s not waste it
Economists tell us we’ve got ten years of financial difficulty – so do we want to buckle under, or use this opportunity to reshape Ireland? Aaron McKenna writes.
Cost of servicing national debt to hit €7.5bn next year
The government’s latest report on state spending and receipts shows that the tax intake for 2011 will be €700m less than expected,
Massive spending cuts likely after US 'super-committee' collapses without deal
The bipartisan committee set up as part of the deal to avert a government shutdown as failed to reach a deal on cutting spending.
PAC chair criticises Dept of Finance 'culture of ignoring outside sources' over €3.6bn error
John McGuinness wants a “comprehensive explanation” for accounting error in which €3.6bn of state funds was counted twice.
Troika to announce latest report today
Representatives from the Troika are expected to announce that Ireland has been meeting targets set out in the bailout plan.
Government plays down apparent spending cuts revelations
Comments made by the Justice Minister in the Dáil last week about proposed cuts on the way in his department have been dismissed as figures taken from a savings proposal.
Service deficit down as demand grows at home and abroad
The majority of Ireland’s exported services last year were in the computer sector.
Europe hails Ireland's "important progress" in financial recovery
The European Commission says Ireland’s economy will grow this year, albeit gradually, with the bank bailout cheaper than expected.
Positive bailout target review expected from Commission
The European Commission is expected to follow the ECB and IMF in saying Ireland is on track with the targets set out in the bailout agreement.
Spain lawmakers agree to deficit amendment talks
Spain’s Parliament is to discuss introducing a “debt brake” – which would stipulate that the country’s deficit could not exceed a certain percentage of GDP.
Senate clears the way for US to raise debt ceiling
The Senate voted by 74 votes to 26 to pass the hard fought bill. Obama has said that it’s the first step to ensuring America lives within its means.
Obama uses Twitter to press Republicans on the debt ceiling
The US president’s Twitter account is being used to ask followers to urge Republicans to reach a compromise on the debt ceiling.
The Daily Fix: Tuesday
Our collection of the day’s news, developments and random tidbits.
Ireland has largest government deficit in the EU
We’ve managed to beat fellow bailout recipients Greece and Portugal for government deficit in percentage of GDP.
The Daily Fix: Tuesday
In today’s Fix: more bad news from the IMF; Cork toddler cleared of rare cancer by US treatment; and New York police make further grim discoveries in Long Island.
Irish government will miss deficit targets for 2011: IMF
Not only that, but the IMF reckons Ireland won’t even make its 2015 target for a deficit of 3 per cent of GDP.
Two questions you must ask your candidates when they knock on your door
Economist Ronan Lyons unveils the two questions every voter should ask when the election candidates come calling.
Ireland's deficit will be largest in eurozone for 2010
Figures released by Department of Finance show forecasts for state income and expenditure in 2010 and 2011.
Greece takes more heat as its deficit revised upwards
The Greek prime minister blames German tough talk for forcing economies like Ireland ‘towards bankruptcy’.
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's four-year target raised to €15bn
The government says it is “neither credible nor realistic” to delay the budget cuts and tax increases.