Thursday 24 August 2017

ICTU's strike call futile and harmful

THERE are many reasons to believe that the economic crisis is entering a new phase. The economy is showing signs of recovery and most forecasters inside and outside the country now believe that we will be one of the few countries in the eurozone to see growth next year.

We are also poised to resume borrowing from the bond markets in 2013 which will finally end our humiliating dependency on bailouts from the rest of Europe and the International Monetary Fund.

There are still plenty of problems but Ireland is once again on the move. This makes the call by Irish Congress of Trade Unions boss Eugene McGlone for a general strike all the more mystifying.

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