The economists were commissioned to do the report by both countries.
"Europe cannot afford to disappoint again, neither economically nor politically," they said.
THE American Chamber of Commerce Ireland has called on the Government to set out its plan for attracting the next generation of multinationals.
"The image of poverty and famine is extremely powerful psychologically. With decades of such imagery being pumped out, the average westerner is likely to donate £2 a month or buy a charity single that gives them a nice warm fuzzy feeling; but they are much less likely to want to go on holiday to, or invest in, Africa. If you are reading this and haven't been to Africa, ask yourself why."
Taoiseach Enda Kenny has launched a determined bid to set the political agenda for the coming year with a promise to cut the top marginal tax rate on most incomes to less than 50 per cent if the Coalition wins the next election.
In a matter of days four external bodies have taken issue with the Government over Budget 2015. To one degree or another, warnings from the Fiscal Advisory Council, the OECD, the IMF and the European troika institutions serve to highlight the fact that the new fiscal plan is not quite risk-free.
The Government expects to repay €9 billion of the State’s loans with the International Monetary Fund (IMF) in December, in what will be the first instalment of the early repayment of our bailout funds from the Washington DC-based body.
Up to 600 jobs are being created in Ireland every week, the minister for finance has told a gathering of highly skilled software engineering employees.
Euro Topics: Law must crack down on corrupt politicians: Spain's Health Minister Ana Mato is suspected of having profited from the illicit funds of the so-called Gürtel network and resigned for this reason on Wednesday. Prime Minister Mariano Rajoy should learn from the case which has dragged on for years and announce stringent measures at today's parliamentary debate over anti-corruption measures, the conservative business daily Expansión recommends: "The long delay in the investigations has extended the impression among the people that the politicians receive special treatment from the judiciary. This has also happened with other particular notorious cases. Therefore Rajoy must set a maximum time limit for judicial preliminary proceedings. Moreover he must clearly define at which point politicians suspected of corruption must resign."
Germany's women's quota only fights symptoms: As of 2016 German companies will be required to have a minimum 30 percent of their board positions filled by women, the German government decided on Wednesday. A similar quota regulation for the governing boards of Swiss listed companies has so far been blocked in Switzerland's Executive Federal Council. The liberal-conservative daily Neue Zürcher Zeitung also takes the view that women should not be placed in leading posts through government imposed quotas: "Any sensible approach to making changes here must first examine the causes. Businesses are also called on to change their ideas and promote the compatibility of career and family by offering flexible solutions. The state should abolish tax systems that discriminate against daycare users and dual-income couples. But telling women, men and companies how to be happy is not its job."
Begging ban won't alleviate poverty in Sweden: The growing number of beggars on Sweden's streets has prompted the Conservatives and right-wing populist Sweden Democrats to resume the debate about a ban on begging. But that won't solve the problem of poverty which affects above all Roma immigrants, the left-liberal daily Aftonbladet argues: "Banning poverty was no solution 100 years ago and it's no solution today. We didn't pull our country out of poverty by calling the police, but with social reforms, education and housing. ... Several issues must be resolved for EU migrants. The large sums of money currently being spent on forced evacuations could be used to build housing. And Sweden should insist on cooperation with Romania. ... Sweden has much experience with development aid around the world. Even though Romania belongs to the EU, this experience should be put to use."
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