Word: irelander
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...over should have taken a look around Europe this week. Desperate to revive his country's feeble economy, Irish Finance Minister Brian Lenihan promised $6 billion worth of savings in a budget aimed at taming the country's stubborn deficit. The plan is his second budget this year, and Ireland's harshest in decades. In a mini-budget announced a couple of hours earlier, Britain's Alistair Darling unveiled his government's latest plan to fix the U.K.'s broken economy, including a punitive tax on bankers' bonuses, a rise in social security contributions and a cap on public-sector...
...Contrast that with Ireland. Since losing its edge in Europe - rising labor costs helped the country's share of euro-zone exports fall one-fifth between 2001 and 2008 - the Irish haven't shied from cutting their cloth in recent months. In his budget announced Dec. 9, for instance, Lenihan unleashed deeply unpopular cuts in public-sector pay that look set to trigger strike action. But when it comes to a spending squeeze of their own, says Tilford, "the Greeks are a long way from recognizing that they really have no choice." (Read "Ireland's Economy: Celtic Crunch Time...
THIERRY HENRY, French soccer star, deflecting blame for a handball that led to the game-tying goal against Ireland and earned France a berth in next summer's World Cup finals. Irish pleas for a rematch were denied by FIFA, the sport's governing body...
Vincent Cushnahan, 29, currently the youngest diocesan priest in Ireland, knows how hard the decision can be. "I had to forsake married life, my own house, money," he says. "[Being a priest] can be more isolating and countercultural than it has been in the past. It's more challenging, but also more rewarding because of that...
...Read "Hey Ireland, Please Drop the World Cup Do-Over...