Irish 10-Month Deficit May Widen to EU21.2 Billion, Bloxham Say

Ireland’s budget deficit may widen to 21.2 billion euros for the 10 months ended October, compared with a deficit of 14.4 billion euros in the year-earlier period, according to Bloxham Stockbrokers.

This Irish government is scheduled to release the latest update on its public finances tomorrow, according to Bloxham. The country’s underlying deficit, excluding payments to recapitalize its banks, fell by more than 3 billion euros in the first nine months of the year, the government said last month.

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