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Irish PM Warning in Nation Address

Description:Greece and Italy have rolled out tough austerity measures now in a historic national address, Ireland's Prime Minister warned the Irish nation of tough times ahead. Enda Kenny made the televised address, the first by a prime minister since 1986 as concerns over the economy grew. Ireland's government will unveil on Monday what it hopes will be the toughest budget of its five-year term. Kenny has pledged to get Ireland's budget deficit under the EU limit of three percent of GDP by 2015. (1:56)

Source: Reuters

Tags: Enda Kenny , europe economy , Ireland Economic Crisis , ireland economy