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Ireland Economy - Page 3

IRELAND: Govt unveils 'demanding' 2011 budget to tackle crisis
Local French Business Updates

Ireland's finance minister has unveiled the austerity measures his government says are essential for securing rescue funds and avoiding a deeper economic crisis, amid fears over the effects budget cuts will have on Ireland's poor.
Source: BUSINESS / TECH - latest business and tech news report, read news on business, technology, banking, industry, media and e-business

Economy Ireland

IRELAND: Irish lawmakers back multibillion-euro bailout by EU and IMF
Local French Business Updates

Irish members of parliament voted on Wednesday to back a ?67.5 billion emergency bailout from the European Union and the International Monetary Fund aimed at preventing Ireland's debt crisis from worsening.
Source: BUSINESS / TECH - latest business and tech news report, read news on business, technology, banking, industry, media and e-business

Ireland Economy History & Civil Business Politics

Government faces key vote on Finance Bill
Local Ireland News

The Government faces a key vote on the Finance Bill today amid uncertainty about the intentions of three Independent TDs.
Source: RTÉ News

Page 3 Economy Ireland

Ireland's Future Depends on Breaking Free From Bailout
By Morgan Kelly

WITH THE Irish Government on track to owe a quarter of a trillion euro by 2014, a prolonged and chaotic national bankruptcy is becoming inevitable. Ref. Source 9

Economy Ireland

Ireland: We're broke and we don't need blarney:

Last week the latest figures for unemployment showed that the number out of work is going up, not down; it's now at 14.8 percent up from 13.2% a year ago. Also last week we learned that the interest payments on our huge debt burden are now eating up HALF of all the income tax raised in the state. Ref. Source 7

Ireland Economy

Squeezed Irish Begged to Buy Fridges as Economy Needs Lift:

Irish retail sales are falling at more than twice the pace of the average in the euro region, after the government increased taxes and reduced salaries for state workers by 14 percent to help cope with Europe's worst banking crisis Ref. Source 8

Ireland Economy - Page 3

Ireland's Noonan Says Will Cut Growth Forecast by Almost Half

Irish growth may be about 0.75 percent this year, Noonan said in an interview with Dublin-based broadcaster RTE today, down from a December estimate of 1.3 percent. Ref. Source 7

Ireland Economy Politics Business Civil & History - Page 3

Irish Banks May Tip State Into Bailout 2, Deutsche Bank Says:

Ireland's bailed-out banks may need capital to cover as much as 4 billion euros ($5.1 billion) more bad-loan provisions than assumed in stress tests last year, Deutsche Bank analysts David Lock and Jason Napier said in a report published today. Ref. Source 7