• World Economy

  • 23 Feb 2010
  • We need to talk about Britain
  • With so much of the focus of the media and markets on Greece and its PIGS neighbours in the eurozone, one could easily forget that the UK will have the largest deficit in the EU this year and next. This post suggests that being outside the eurozone is a two-way street for the UK. The lack of restraint on its fiscal policy is already showing, with a simple index of government finance statistics placing the UK finances as the weakest of 24 developed countries.

  • Which country's finances look riskier than Iceland and Greece?

About

Ronan Lyons I am an independent economist, and on my website you can find analysis and research about the Irish economy, the world economy and the property market.

I am interested in topics such as unemployment, negative equity, public finances, when, how and where the current recession will end.

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