In Ireland, with the successful launch of the bank recapitalization plan, the publication of the Bill for the Reform of Central Bank and the agreement reached with public service unions, the Government has made significant progress this week on the road economic recovery. We have a three-pronged strategy aimed at: to stabilize public finances to repair the banking system, and improve competitiveness and promote sustainable employment.
The agreement on the transformation of public service includes proposals on wages until 2014, a downsizing and restructuring of the service in order to reduce costs and maximize performance. The implementation of this agreement will contribute to a climate of industrial relations more stable the country out of the global economic downturn.
Sounds very confident that the agreement will actually be implemented. T’was published on the 11th.