The Irish Department of Finance is predicting a 20billion deficit for 2009 and, having apparently promised the EU Commission 2billion of additional cuts, Taoiseach Brian Cowen is listening to those unelected “social partners”. The other Brian, Finance Minister Brian Lenihan, has a suggestion and is also looking somewhat enviously at the neighbouring currency. Meanwhile Patrick Neary, the Chief Executive of the Irish Financial Regulator, is to retire early “at a time of great financial turbulence..” As the Anglo Irish Bank’s board [of directors] know.. How’s that for vision “with a capital ‘V'”?
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