Ministers told to identify €3bn cuts in four weeks

“Finance Minister Brian Lenihan yesterday gave his Cabinet colleagues four weeks to find €3bn worth of cutbacks. Mr Lenihan will meet ministers face-to-face over the coming weeks to discuss where it is proposed to cut up to €2bn from their departmental budgets in current spending and €1bn in capital spending …” (more)

[Sam Smyth and Fionnan Sheahan, Independent, 12 May]

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