By Jodie Ginsberg DUBLIN (Reuters) - The Irish cabinet meets on Sunday to rubberstamp a four-year program of spending cuts and tax measures that is expected to be published early next week and then be followed swiftly by an international financial bailout. Support for the Irish government has collapsed over its handling of the country's economic and financial crisis and is now at a record low: "You have lied, You have let us down. For Ireland's sake, go now" demanded the Sunday Independent newspaper under a front page picture of the cabinet. Public anger, already high at the prospect of looming job and welfare cuts, has reached boiling point after it became clear the government would need outside help. Officials from the International Monetary Fund and European Commission are in Dublin to thrash out an aid package to help the country cope with its struggling banks, whose huge liabilities have sent Irish borrowing costs soaring. That package is expected to be agreed next week once...
No comments:
Post a Comment