€5bn ASSET SALE: Calls for ‘fire sale’ as bank chiefs earn more

BOSSES of state-owned companies were given extra financial perks to make up for publicly announced pay cuts, with many ending up earning more than before.

That was one of the findings of a major report which recommends the sale of €5 billion of state assets to pay off the nation’s massive debt.

The recommendations of the Review Group on State Assets and Liabilities, led by economist Colm McCarthy, include: