Tuesday 12 December 2017

Full access to markets is ultimate goal for the Government

Fionnan Sheahan

Fionnan Sheahan

WHEN Taoiseach Enda Kenny claimed last week the new Croke Park deal would help the country emerge from the bailout and get back to borrowing from the market, he had some observers scratching their heads.

Of course, Mr Kenny wasn't saying the bond markets would be leaping with joy at the prospect of premium pay being reduced and increments being frozen.

His point was the deal was another step towards bridging the budgetary deficit and getting the public finances under control.

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