The Central Bank of Ireland published a speech by Deputy Governor Vasileios Madouros arguing that Ireland needs to raise domestic investment over the next decade to underpin long-term economic success, and that policy should both enable higher investment and ensure it is delivered in a sustainable and sustained way. Despite very strong economic growth, investment in key domestic sectors has been relatively subdued over the past decade, while core infrastructure has become increasingly strained. A significant planned increase in public investment is positioned as a response to these shortfalls, alongside a push for higher investment by indigenous businesses to support innovation and productivity. The speech also points to progress on the EU’s Savings and Investment Union as critical to unlocking capital, and frames the required conditions as involving careful fiscal choices, more efficient investment delivery, stronger indigenous business dynamism, and diverse, resilient financing.
Central Bank of Ireland 2026-02-12
Central Bank of Ireland Deputy Governor Madouros urges sustainably higher domestic investment over the next decade
The Central Bank of Ireland's Deputy Governor Vasileios Madouros emphasized the need for increased domestic investment to support long-term economic success, highlighting the importance of sustainable policy, enhanced public investment, and stronger indigenous business dynamism. The speech also underscored the role of the EU’s Savings and Investment Union in unlocking capital and the necessity of careful fiscal choices and diverse financing.