Ireland's corporate tax windfall masks doubling debt interest costs to €6bn

Ireland's public finances are being buffered by surging corporation tax receipts, yet the country's annual debt interest bill is projected to double to €6bn. The divergence highlights structural fiscal risk: windfall tax revenues are volatile, while debt servicing costs are fixed and rising. This matters because it signals deteriorating net fiscal position despite headline surplus, potentially affecting Irish bond spreads and fiscal policy credibility.