Irish Emergency Budget: Tax hikes; Bank toxic loan plan to double national debt; Reforms pending - - awaiting reports as usual!
Apr 8th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Emergency Budget: On Tuesday, Finance Minister Brian Lenihan presented a rake of tax hikes in his latest budget; committed to doubling the national debt by moving toxic property loans from banks but no significant reforms were announced. The question has to be asked again, why does it take so long to bring about change in a country with a population of just over 4 million?
