Ireland needs to reduce deficit quickly, says Almunia

Ireland needs to begin debt consolidation as the country’s debt burden increased “very quickly,” European Union Monetary Affairs…

Ireland needs to begin debt consolidation as the country’s debt burden increased “very quickly,” European Union Monetary Affairs Commissioner Joaquin Almunia said.

The nation has assumed its responsibilities regarding the debt, Mr Almunia told reporters today in Prague.

Bloomberg

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter