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Free State Régime needs another 1.2 billion Bailout

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BAILOUTS totalling almost €1.2bn are being sought across five Government departments, it has emerged.

 

Over half of the money is to go to the area of health in order to deal with the huge hole in the finances of the Health Service Executive (HSE).

 

The Department of Public Expenditure confirmed that the Department of Health is seeking €680m - representing more than €170m more than originally planned.

 

The supplementary funding represents the largest bailout for the health service in almost 10 years.

A significant proportion of the funding is required to deal with hospital overspending, pay and pensions.

 

http://www.independent.ie/irish-news/news/bailout-sought-for-five-government-agencies-30800696.html

 

 

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