The End of Austerity?

By Sean Whelan, Economics Correspondent “The Commission does not believe that cutbacks are the solution to Europe’s challenges. But, yes, sound public finances are an essential part of sustainable growth”. – Jose Manuel Barroso, Friends of Europe Roundtable, October 2011 “For some, the main consideration is the need for stability. For others, it is growth. I say we need both.” – Jose Manuel Barroso, State of the Union Speech, November 2011 “I believe those who want to over simplify the …

Householders facing hot water?

By Business Editor David Murphy Householders will have to pay water bills in future. It is not entirely clear when that will happen. But the big question is whether they will be paying for an efficient well-run service? A draft report by PriceWaterhouseCoopers suggests the answer is ‘No’, unless there are radical reforms. The document, called ”Irish Water: Second Interim Report” was released to RTÉ News following a Freedom of Information request and updates an earlier published study. At present …