Ireland's Financial Situation and Budget Plan
Irish Prime Minister Brian Cowen released his government’s four-year economic recovery plan. The plan calls for $20.1 billion in savings, $1… read more
Irish Prime Minister Brian Cowen released his government’s four-year economic recovery plan. The plan calls for $20.1 billion in savings, $13.3 billion from spending cuts and raising $6.7 billion from taxes, in order to bring down its record deficit. The plan is also prerequisite for Ireland to receive a loan from the European Union and International Monetary Fund of approximately $115 billion dollars. close
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