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Global Insight: Tiger retracts Lisbon claws

By Quentin Peel, International Affairs Editor

Published: April 21 2009 19:54 | Last updated: April 21 2009 19:54

Two weeks after the most brutal budget in living memory, the mood in Ireland is miserable. Everyone has been caught by a combination of harsh tax rises and spending cuts as the government struggles to cope with a collapse in revenues and contain a soaring budget deficit.

The mood is also very angry. Unemployment has hit 11 per cent and is still rising. One Sunday newspaper says a majority of Irish people expect “civil unrest” this summer.

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