Advisors.ie

We are told that there will be a €500m package announcement today which is described as a ‘jobs initiative’. Formerly it was to be known as a ‘jobs budget’ or an ‘alternative budget’ (note that in the link there is also talk of ‘renegotiating the bailout’ – so U-Turns are becoming commonplace), this is the first Irish ‘downgrade’ in a while that hasn’t involved S&P.