| From FT Alphaville: Ireland’s prime minister was busy introducing his post-bailout government’s four-year fiscal plan at pixel time. There is a lot to chew on. For starters, the questionable assumption that 2.5 per cent GNP growth will cushion fiscal cuts right up to 2014.
In other fiscal cuts news — VAT is going up, minimum wages are going down, but the critical 12.5 per cent corporate tax is staying put. And there are just too many job cuts to count..............................................Full Article: Source
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