This time last year the Sunday Independent ran a headline story: 'Cowen still secluded in Algarve on a long weekend break as crisis looms over economy.'
There were 'growing concerns at the rapid deterioration of the economy...mounting calls last night for his return...market turmoil, record high unemployment' and 'housing completion drop by 25%.'
A year on the Sunday Independent's headline was 'Cabinet goes on holidays as crisis worsens.'
Last year Richard Bruton said Mr Cowen's was a ‘cavalier attitude’. This year the Fine Gael finance spokesman said: 'What we are seeing is the latest thread of economic policy unravelling as a result of four years of soft option decision- making by Brian Cowen and the Department of Finance.' In 1998 Mr Bruton made the following remarks: 'FF is repeatedly taking the soft option.'
A secretary to Mr Fanning said: 'The summer crisis-Cabinet on holidays story is an annual - and immensely popular - one, run between the Galway races and the second week in August. This has been the case since 1986.'
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