McCarthy report says hurry slowly
The reports on what to do about our parlous state are coming thick and fast. Economist Colm McCarthy's advice on sales of state assets was released today. This covers the ESB, CIE, the Dublin Airport Authority, An Post, RTE and a number of other organisations. McCarthy and his colleagues recommend 'a planned programme of asset sales' to make money for the beleaguered Exchequer, and say the haul could be up to €5 billion. But, they are not arguing for any hasty action. Here are some key recommendations: