The government of Ireland spends half its revenue on interest payments on its debt.
http://www.irishcentral.com/story/roots/ireland_calling/were-broke-and-we-dont-need-blarney-123456164.html
* Blarney is Gaelic and can positive or negative. It doesn't have an English analog but best translates in the range of moxie, guile, cunning, bluster, confidence, persuasiveness.
