08/12/2010 (Agence Europe) - First 2011 budget measures welcomed. On Wednesday 8 December 2010, the European Commission welcomed the vote accepting the first measures in Ireland's austerity budget for 2011, demanded by the EU and the International Monetary Fund in return for an aid package of €85 billion. A spokesperson for the Commission said that the 2011 budget with its €6 bn budget consolidation, is ambitious and vital for sorting out the situation. The Commission believes there is a...