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Old 04-07-2009, 11:04 AM
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Post Ireland set to announce emergency budget

Ireland’s Government is set to announce its second budget in six months today as the country faces a “very grave national crisis”, according to Finance Minister, Brian Lenihan. The Irish Republic’s deficit is nearing 13% of GDP - quadruple the level allowed by the European Union. The country has been hit by a raft of bad [...]

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