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….
See more here:
Ireland slashes budget by £5bn as fears of Greek-style bailout grow