Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Economy and Funding Requirements: Discussion with NTMA
3:45 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I know what the troika thinks and hopes but I am asking Mr. Corrigan what he thinks. Would it not be a better option for us at this stage not to pay €9.1 billion in interest and just deal with our primary deficit, which is €6 billion? Would it not put us in a far better position if we said we are not paying this, our economy has been beggared, our citizens are being devastated and we need that money to invest in jobs and growth? If we told the troika that we could manage a primary deficit of €6 billion, would that not be a better management of our situation?
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