John Gilroy (Labour)

I agree with Senator Keane's comment that the Government's return to the bond markets is a good news story for the Irish economy and society. It is a small story but it is nonetheless welcome. This is the first time we have been able to return to the markets since the disastrous day in 2010 when the troika arrived in our country. The interest rate charged on 10 year bonds was 18% in September but less than 6% last week.