Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

Our view is that the process is working very well here. There is empirical evidence to show that is the case. The deficit is being systematically reduced ahead of target, our debt is being made sustainable and the economy is in its third consecutive year of growth. However, I agree with the commentators who argue for greater concentration on growing the economy and creating additional jobs. The Taoiseach made this the theme of the Irish Presidency and introduced the issue for discussion at the European Council more than 12 months ago. The theme of the Irish Presidency is jobs and growth. The Government's position is that implementing the programme is only part of what we need to do and we must take additional measures to contribute to growth and job creation. This is not, however, a substitute for the programme but a supplementary aspect of it. The view I am expressing does not diverge from that expressed by anyone else who has spoken.