Sunday 11 December 2016

OECD calls for cheaper labour and electricity costs reporters

Published 14/10/2011 | 15:28

The OECD is calling for lower labour costs, cheaper electricity prices and better competitiveness, to aid the recovery of the Irish economy.

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The worldwide think-tank based in Paris said Ireland is coming out of the crisis, but that major challenges remain.

It is urging the Government to stick to the bail out terms.

And it urges Ireland to front-load even more of the austerity to show markets they are serious about reducing the deficit.

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