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Hangovers cost g1bn.

ALCOHOLISM and drug abuse are costing the economy nearly EUR1billion a year, a new survey has shown.

"Presentee-ism" is the name for a new phenomenon where workers are turning up to work hung-over or accident prone and not being able to get their job done.

The author of the study, former VHI executive Paddy Creedon, said addictions now pose the greatest single challenge for corporate Ireland in the 21st century.

He added: "Imagine what this type of investment if redirected could do for our much maligned health service."
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Publication:The Mirror (London, England)
Date:Jul 8, 2003
Words:88
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