Call for national recovery plan

THE failure of the Government to articulate a clear strategy to revive the economy has damaged its international status, according to one of Ireland’s leading consultancy groups.

The decision by Standard & Poor’s to lower Ireland’s debt rating “underlies the credibility gap this country is confronted with”, said Joe Carr, managing partner of Mazars.

He said there needs to be immediate action to correct that view and to get the message out there that this economy can and will recover.