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Deficit-hit Ireland slashes salaries, welfare pay

Published: December 9, 2009 1:10 PM
By The Associated Press  SHAWN POGATCHNIK (Associated Press Writer)

Quick ReadIreland unveils record €4 billion ($6 billion) budget cut, slashes salaries, taxes fuels

DUBLIN (AP) — Ireland slashed pay for state workers, cut welfare benefits and imposed new environmental taxes on fuel Wednesday as it unveiled a record €4 billion ($6 billion) in budget cuts to combat a runaway deficit.

Finance Minister Brian Lenihan said about 400,000 state workers — a fifth of the country's work force — would suffer pay cuts ranging from 5 percent to 15 percent and Prime...

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