Skip to content
Link copied to clipboard
Link copied to clipboard

Bitter Irish medicine

DUBLIN, Ireland - A defiant Irish Prime Minister Brian Cowen vowed Wednesday to push through Europe's toughest slash-and-tax budget in the face of voter fury and then defy the odds to win reelection despite a debt disaster that has shaken the entire eurozone.

A Dublin cafe takes note of the economic crisis. On Tuesday, legislators narrowly backed a budget with $8 billion in cuts and tax increases costing a typical household $4,000 a year - key conditions for an EU/IMF bailout.
A Dublin cafe takes note of the economic crisis. On Tuesday, legislators narrowly backed a budget with $8 billion in cuts and tax increases costing a typical household $4,000 a year - key conditions for an EU/IMF bailout.Read morePETER MORRISON / Associated Press