Ireland slashes budget by £5bn as fears of Greek-style bailout grow

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Ireland’s cost of borrowing rises again as government announces plans to cut more than expected in upcoming budget A pedestrian walks past the the Bank of Ireland headquarters in Dublin. Photograph: Peter Morrison/AP Ireland’s cost of borrowing hit record levels again today after plans to slash €6bn (£5.2bn) in the upcoming budget – twice that predicted three months ago – were announced by a government struggling to control the country’s fiscal crisis….

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Ireland slashes budget by £5bn as fears of Greek-style bailout grow

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Posted by on November 4, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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