To the Point
Ireland under Austerity: Abandon the Horses, Evade the Tax Man
Devastated by the collapse of real estate values, Ireland received $113 billion in bailout money from the European Union and the International Monetary Fund. In exchange, Ireland is paying the high price of austerity. It's meant lower wages and layoffs, higher taxes and huge reductions in pension and social welfare programs.
Devastated by the collapse of real estate values, Ireland received $113 billion in bailout money from the European Union and the International Monetary Fund. In exchange, Ireland is paying the high price of austerity. It's meant lower wages and layoffs, higher taxes and huge reductions in pension and social welfare programs. John Sepulvado reports on some unexpected victims --- with four feet.