• Signs of a stabilisation in the labour market
  • Balance of payments expected to record small surplus next year
  • Real GDP is forecast to increase 2.75% between now and 2014
  • Given extra year to meet budget deficit goal because of EU’s more conservative growth forecasts
  • No reduction in state pension this year
  • 10 euro reduction in child benefit rates
  • National pension fund willing to invest in Irish commercial assets
  • Prime Minister’s and Ministers’ pay to be cut
  • To cut public sector pensions
  • To abolish income and health levy and replace with a single charge
  • To cut or abolish excessive tax reliefs for higher earners
  • Top rate of income tax to remain at 52%
  • To eliminate all property-based reliefs by 2014
  • Flat 1% on property sales, 2% on transactions above 1 mln euros
  • To cut air travel tax to 3 euros
  • Excise will be increased on petrol
  • Internet gambling will be taxed at same rates as in high street betting shops