DEVELOPMENT 12
A new generation development strategy

Reduction of €15 Billion costs over four years, now extended to 2014. The target is to reduce debt-to-GDP ratio to 3 per cent. Consideration Borrowing, excluding the banks, was 11.9% of GDP for 2010.  Conclusion: Reduced economic growth, business failures, increase in taxation and social welfare costs.

Summation: This is an apolitical conclusion based on facts already in the public domain. Much media and political focus will continue on the Eurozone development. Sadly there is little evidence of a (re)structured development plan in what is now very changed circumstances. Those who continue to gain solace in export growth still fail to grasp that trend is based on economic activity in client countries rather than domestic influences.

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Mr. Paddy Mc Guinness is seeking information and data relating to the one-time hugely popular Castlebar International Song Contest. This information is being sought as a plan to compile a history of the event for future publishment. Information from aspiring performers, staff, attendees would be highly welcomed whether it's memories, opinions - complimentary or critical, serious of funny.

 Please contact Paddy Mc Guinness directly to share your stories

info@albany.ie or 087 653 8126

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