Irish budget set to impose pay cuts

The Irish government looks set to impose a large and unpopular public sector pay cut on 9 December 2009 in a crucial annual budget aimed at restoring credibility with debt markets.

Brian Cowen’s centre right coalition is aiming for savings of €4bn to contain a runaway deficit, but risks unleashing a trade union backlash which threatens Ireland’s much admired industrial relations model.

ESO: Background Information: Ireland’s public sector wins pay concession http://www.europeansources.info/record/irelands-public-sector-wins-pay-concession/

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