Very bumpy ride ahead as budget looms large
The subtext of his mantra was that the worst is yet to come — hardly the rallying cry we wanted to hear.
The Finance Minister insisted growth would average 2.75% down to 2014 taking into account the €15bn that will be sucked out of the economy via spending cuts and tax hikes — but his department has been so repeatedly wrong in the past it is probably best not to bank on it to heavily.