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Six One News: Adrian Lydon reports that formal talks are under way between Government officials and the social partners with a view to reaching a new national recovery agreement
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Nine News: Adrian Lydon reports that talks between the social partners and the Government aimed at drawing up a new economic recovery agreement have adjourned
Earlier, David Begg from the Irish Congress of Trade Unions said that there is a need to get rid of talk of cutting social welfare and wages, as it is not a way of correcting our economic difficulties.
Turlough O'Sullivan from employers' group IBEC said what is really needed is significant pay cuts across the board because we need to resize the economy.
The main issues that were up for discussion today include the rising unemployment rate, pensions and pay.
The talks are due to resume at 3pm tomorrow.
