Painful budget set to be Cowen’s final act in office
Irish Prime Minister Brian Cowen was clinging to power in Dublin on a temporary basis yesterday as Ireland adjusted to this week’s huge changes to its political and economic landscapes. The next phase in a fast-moving political scene will come with today’s publication of a government blueprint to cut Euro15bn (£12.7bn) over the next four years. The plan was yesterday finalised by the Irish cabinet. It is assumed to have the broad approval of the team from the EU, ECB and the IMF officials, which were drafted into Dublin last week in a financial rescue operation that deepened Ireland’s already long-running political crisis. It is also thought that the package will not be completely rejected…
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Painful budget set to be Cowen’s final act in office
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on November 24, 2010. Filed under
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