Daft Property - Irish Property News

All set for an April Fool's Budget, but the joke is on us... IT'S a bit like throwing water into a bucket of sand. No matter how many fistfuls of euros the Government fling into the financial black hole, it just keeps on getting bigger, deeper and darker. No-one was expecting the Exchequer returns for the first two months of this year to make pleasant reading, but the sheer speed at which the country is sliding further into the red is nothing short of hair-raising. In the same two months last year, when few people had a clue that the Celtic Tiger had been placed on the endangered species list, the Exchequer posted a Budget deficit of €125m. What a trifle that is, a mere bagatelle compared to frightful figures unleashed yesterday which revealed that the Budget deficit for the first two months of this year stands at €2bn. The economy is staggering all over the place like a drunken sailor, and nobody seems to know how to straighten it out. The Exchequer figures were due to be rele...