ESRI report ‘damning indictment’ on government

THE ESRI commentary represents a “damning indictment” of the Government’s economic performance, the opposition claimed.

Fine Gael deputy leader Richard Bruton said the analysis was “incredibly depressing”.

“The Irish economy is facing disaster on an unprecedented scale,” he said. “Private sector employment is expected to collapse by over 300,000 between 2007 and 2010 — a fall of 17%.