Letters: We must reduce national debt before we can talk about recovery
According to our national debt clock, our gross debt stands at a staggering €204bn.
The figure is almost double our GDP and one has to wonder will it ever come down? It just takes one minute for national debt to rise by €1,000.
For a nation of 5 million people, the sum adds up to €40,800 per person to be forked out in revenue to clear it.