Amid growing focus on political and fiscal risks in Europe, the Irish Budget retained the expansionary stance evident in recent years.
The fiscal situation in Ireland could not be further removed from that in France, with the Government set to run a large budget surplus of 3% of GNI*, falling to 1.5% in 2026.
Nonetheless, there are wider liquid financial buffers that the Government has built up, which are expected to total over €70bn by end-2025.
