Ireland’s budget deficit could rise to 24% of GDP in 2010 following Eurostat ruling
Apr 23rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Ireland's budget deficit could rise to 24% of GDP (gross domestic product) in 2010 or about €40bn, following a ruling by Eurostat, the statistics office of the European Commission, on the treatment of public spending on the State nationalised Anglo Irish Bank.