#construction-wages

#construction-wages

The Central Bank warned last week that we cannot continue state spending at the current rate without raising taxes or cutting back on current expenditure. The regulator starkly spelled out that the upcoming budget's €9.4bn package for next year involved "too much spending". Of course, there was a certain degree of gobble­degook, as befits all such bulletins, such as: we could be left vulnerable to "geo-economic fragmentation".