The Taoiseach Enda Kenny is wrong to claim that austerity is coming to an end | Michael Burke

Anti-austerity protesters in politician masks gather on O'Connell Street in Dublin city centre as the Irish government announces its budget for 2014. Photograph: Brendan Donnelly/Brendan Donnelly/Demotix/Corbis

Ireland is being held up once more as the star pupil of the austerity school of economics in Europe, with the Taoiseach Enda Kenny arguing that his government is exiting the bailout programme set by the troika of European Union, the European Central Bank and the IMF. He says the era of austerity is coming to an end.

Both of these claims are clearly questionable, but they do illuminate some important features of the situation in Europe

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