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Irish government targets €4bn cuts

first_img KCS-content whatsapp Tags: NULL whatsapp Irish government targets €4bn cuts IRELAND’S government is understood to be targeting target savings of €4bn (£3.5bn) in the 2011 budget as it seeks to get its fiscal crisis under control.Finance minister Brian Lenihan said this week he would need to go above an initial target of €3bn in savings from next year’s budget and would unveil a four-year fiscal plan in November after estimating the cost of saving the banking system could top €50bn.Citing unnamed sources, The Sunday Business Post newspaper reported Lenihan would need a €4bn package for the 2011 plan, which will be unveiled on 7 December. The Sunday Tribune, also citing unnamed sources, said savings of up to €4.5bn would be needed in Ireland’s fourth austerity budget in two years. Share Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Sunday 3 October 2010 10:55 pmlast_img

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