Europe austerity debate to test periphery political will in Ireland

DUBLIN: Readers of Ireland's largest-selling daily newspaper were confronted by an unexpected front page headline this week when the Irish Independent proclaimed the 'End Of Austerity'.

Manufacturing shrinks, first time in nearly three years

(Reuters) - Manufacturing shrank in June for the first time in nearly three years as new orders plummeted, according to one measure of the sector that showed the starkest sign yet of the extent of the slowdown in the economy.