Ireland should cut public-sector pay again to bring its deficit under control, outgoing ECB...

|By:, SA News Editor

Ireland should cut public-sector pay again to bring its deficit under control, outgoing ECB chief economist Juergen Stark says. "Without the support of the public and without strong political leadership, there is a risk that the program gets off track." The ECB, together with the IMF and EC, form the "troika" overseeing the Irish bailout.