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Friday, December 10, 2010

Tax Hikes and Spending Cuts: Ireland's Toughest Budget Ever

Millions of ordinary people will bear the brunt of the crisis in Ireland's banking system after the government voted in favour of the toughest budget in the country's history. The Finance Minister said there were "already signs" that the economy was recovering -- but at least one credit ratings agency has described that view as "optimistic". From Dublin, Sky's Senior News Correspondent Michelle Clifford reports

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