Tuesday 20 February 2018

Planning for the end 
of the 'Emergency'

Brendan Howlin, Minister for Public Expediture and Reform, is to enter talks with trades unions
Brendan Howlin, Minister for Public Expediture and Reform, is to enter talks with trades unions
Editorial

Editorial

WHEN will the 'Emergency' be over? 'The Emergency' was, of course, the euphemistic term for the status of the country during World War II.

Notably, the then government didn't declare 'The Emergency' was over until 1946. The modern day 'Emergency' is the economic crisis, which engulfed the country from 2008 onwards and resulted in a series of Financial Emergency Measures in the Public Interest (FEMPI) bills. Mainly, the legislation cut the pay and pensions of public sector workers.

Eventually, the 'Emergency' will have to be declared to be over. The bailout has ended, the Troika have departed, economic growth is rising, unemployment is dropping - albeit never at a fast enough rate.

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