Thursday, February 4, 2016

Irish PM Outlines Economic Plan as Support Dips

Enda Kenny

DUBLIN (Reuters) – Ireland’s senior coalition party Fine Gael would use a quarter of the additional 10 billion euros it estimates will be available during the next government’s five-year term on tax cuts if it is re-elected later this month, it said on Thursday.

Ireland’s prime minister called elections for Feb. 26 on Wednesday, kicking off a campaign set to be dominated by a fractious debate over how the resources freed up by the country’s strong economic recovery should be spent.

Enda Kenny’s Fine Gael, whose lead is slipping in opinion polls that suggest an inconclusive outcome, said it would use 40 percent of the resources on spending, invest 10 percent in jobs and save the other 25 percent in a contingency fund.

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Source: Euronews

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