Irish Budget 2009: Lots of taxes but no serious reform; The rainy day has arrived and the cupboard is bare
Oct 14th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Budget 2009: The Minister for Finance Brain Lenihan, began his Budget Speech at 3:45 pm and as forecast, there is little cheer to dispense against a backdrop of an Irish economy in recession, a global financial crisis and a deeper contraction expected in 2009. In simple terms; after years of feasting on the "fatted calf," the rainy day has arrived for the politicians in power and the Irish people but the cupboard is bare.