Dublin set to unveil four-year austerity plan
Continue reading the main story Global Economy Q&A: Irish finances explained Irish crisis: Are my savings safe? In graphics: Eurozone’s woes ‘I cannot wait to get away’ The Irish government is set to publish an austerity plan required for its EU- and IMF-led bail-out. It follows another day of market angst, with shares down sharply on Tuesday and the euro 1.9% lower against the dollar. The four-year plan targets total cuts of 15bn euros ($20bn; £13bn), or 11% of the Irish economy’s annual output. Meanwhile, state broadcaster RTE said the Republic had agreed an 85bn euro bail-out package in a report called “premature” by the government. The four-year austerity plan to be revealed on…
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Dublin set to unveil four-year austerity plan
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