| 11.6°C Dublin

We are still paying for our excesses

THE news that the Croke Park Agreement has met its targets and saved us €650m in just 12 months is certainly welcome.

The cut in staff numbers of 28,000 since 2009 will also reduce wage bills long into the future.

Unfortunately, while all of this achievement is to be praised, there is still a very difficult road ahead.

We are still paying the price of the Celtic Tiger excesses and the public service workers, just like every other worker in the country, face even further belt-tightening.

The agreement was put in place two years ago as part of the strategic response to an unprecedented economic crisis.

It has been very successful and, despite the tough measures, front-line services have by and large been maintained.

Sadly, it is not the end of the story, however, and there is still a lot more to do.