Ireland’s budget position worsens

Ireland’s budget position looks set to worsen with figures issued on the 4 October 2010 showing that the 2010 budget deficit will be 11.9% of national income not 11.6% as previously expected.

Ireland: Central Bank: Press release, 4.10.10: Central Bank Publishes Quarterly Bulletin 4 2010 http://www.financialregulator.ie/press-area/press-releases/Pages/CentralBankPublishesQuarterlyBulletin42010.aspx

Irish Times, 4.10.10: Tax returns show rate of decline in receipts easing http://www.irishtimes.com/newspaper/breaking/2010/1004/breaking56.html

ESO: Background information: Ireland may have to sacrifice low-tax status http://www.europeansources.info/record/ireland-may-have-to-sacrifice-low-tax-status/

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