Ireland’s government has an unusual problem: too much money

A cross Europe fiscal policy is causing headaches. The governments of Britain and France are both raising tax rates sharply. Germany is hobbled by a self-imposed debt brake. Meanwhile, Italy’s profligate borrowing continues to unsettle investors. Ireland faces a different problem: the government is so flush with cash it does not know quite what to do with it.

The territory sits on an astounding number of critical minerals

The ultra-gloomy picture painted by politicians is no longer accurate

The country’s economy is broken. A recovery requires a healthier property market

Governments across the rich world are at a loss

Treasury yields are rising ominously

The continent’s policymakers are too relaxed about the risks

https://www.economist.com/finance-and-economics/2024/10/31/irelands-government-has-an-unusual-problem-too-much-money

A source: www.economist.com/finance-and-economics/2024/10/31/irelands-government-has-an-unusual-problem-too-much-money