Our national debt now stands at €232bn. Why aren't we paying it off?

With debt-servicing costs set to rise, perhaps now is the time to take action

In a volatile world, how much national debt is sustainable?

Another year, another economic crisis. We’ve been through Covid, the spike in inflation after ­Russia invaded Ukraine, the tanker blocking the Suez Canal, Trump’s tariffs… Having survived them all, we could be blasé about the threats posed by the war in the Middle East.

But maybe this is the one that gets us.

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