Give up satellite TV and don't go on foreign holidays, Irish homeowners filing for bankruptcy are told
Ireland's Insolvency Service will allow only eight euros a day for foodDebtors must give up cars and private health insurance under new rules120,000 homeowners are in arrears on their mortgage repayments

By HELEN LAWSON

PUBLISHED: 12:50 GMT, 19 April 2013 | UPDATED: 17:11 GMT, 19 April 2013

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Irish debtors must give up foreign holidays, satellite television and feed themselves on eight euros (about £6.80) a day under new monthly spending rules introduced by the government to tackle the country's debt problems.

Ireland's Insolvency Service will allow a debtor to spend 57 euros a month on heating bills and 126 euros on socialising, while they must remove their children from private schools, give up any private health insurance and only use a car if there is no public transport alternative.

High unemployment - at 14 per cent - and wage cuts since the country's economy collapsed in 2008 mea...Financial Times.

Read more: http://www.dailymail.co.uk/news/article-2311607/Give-satellite-TV-dont-foreign-holidays-Irish-homeow...