Saturday 16 December 2017

OECD calls for cheaper labour and electricity costs reporters

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

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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