Cowen’s pain-sharing fails to stifle union rage

The social consensus which the government is trying to build is being hampered by its handling of the banks, writes Niamh Connolly, Political Correspondent.

14th February, 2009

The government’s efforts to build social consensus on sharing the pain of cutbacks is being sapped by its handling of the banking crisis. Fianna Fáil TDs, alarmed at the party’s drop in support and the Labour Party’s astounding rise, were this weekend clamouring for resignations and caps on bank executives’ salaries - on top of a 33 per cent cut announced last week as part of the recapitalisation of AIB and Bank of Ireland....

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