Ireland Unveils Harsh Budget
By QUENTIN FOTTRELL And AINSLEY THOMSON DUBLIN—Ireland took the first crucial step Tuesday on an expected four-year road to financial recovery by securing support for a budget that will make €6 billion ($7.99 billion) in cuts across all sectors of society, from the most vulnerable welfare recipients to the country’s political elite. View Full Image AFP/Getty Images Irish Finance Minister Brian Lenihan last month. With the 11th-hour support of two independent lawmakers, the government is now expected to pass the budget to qualify for the €67.5 billion financial aid package from the European Union and International Monetary Fund. Ireland will contribute €17.5 billion….
Read the original post:
Ireland Unveils Harsh Budget
Posted by
on December 7, 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