Gilmore: Quitting will not rock the Coalition

Outgoing Labour leader Eamon Gilmore has insisted the Coalition will not be plunged into instability as a result of his resignation as Labour leader. He urged his successor to keep the party in Government until the end of its mandate in 2016.

Gilmore: Quitting will not rock the Coalition

However, doubt has been cast over the ability of a new leader to achieve the biggest task of agreeing a budget with its Fine Gael partners in the face of an anti-austerity backlash, after Finance Minister Michael Noonan said there is room to ease the €2bn of planned cuts.

While tax and employment data pointed to a brighter fiscal outlook, Mr Noonan said he would have limited scope to ease up on cuts in October.

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