Irish finance minister, Brian Lenihan
Media playback is unsupported on your device
Video

Lenihan announces Irish emergency budget

The Irish finance minister, Brian Lenihan, has announced an emergency budget intended to make savings next year.

The 6bn euros (£5bn; $8bn) of cuts in the 2011 budget are part of the four-year 15bn-euro austerity plan designed to bring the country's deficit under control.

Mr Lenihan said the scale of adjustments required was demanding, but showed Ireland was serious about tackling its problems.

Addressing parliament he said the budget plan would help Ireland emerge a stronger economy.

  • 07 Dec 2010