In Ireland, labor unions are planning a major protest in Dublin on Saturday against proposed spending cuts and the bailout of Irish banks by the European Union and the International Monetary Fund. To meet the terms of the international bailout, Ireland’s government is expected to announce plans today to cut welfare spending sharply, lower the minimum wage, and raise taxes. In addition, reports are emerging that the Irish government will soon take control of the Bank of Ireland, the only major Irish bank not already under state control.
Labor Protests Planned in Ireland Over Cuts
HeadlineNov 24, 2010