Wednesday, 24 November 2010

Ireland unveils austere €15bn budget to cut deficit

Telegraph
"The Irish people will begin to feel the pain next year when 40pc - or €6bn - of the €10bn in spending cuts and €5bn in tax increases will happen.The effect of the measures - required as the precondition for an EU-IMF bailout - will mean the average Irish household will have to pay up £3,000 in extra taxes. "

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