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October 01, 2009

The 2010 Public Budget

The budget was passed by parliament last Friday and approved by the government on Tuesday.

 The Parties Unified for the Public Sector

For the last eighteen months, businesses and individuals have sweated while the government debated, rejected and otherwise delayed any measures that might have helped the private sector withstand the financial crisis. Despite the collapse in orders and the drastic cuts in the workforce, the political community seemed quite serene. When leading politicians announced that the country would be a prosperous island in the middle of meltdown, businesspeople closer to the action wondered whether they had descended into insanity...

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