Oireachtas Joint and Select Committees

Wednesday, 18 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming ECOFIN Council: Minister for Finance

4:45 pm

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

The Deputy is getting all the answers. The problem is that he just does not like them.

He claims the negotiating strategy adopted by me is leading to a situation in which we will not be successful, and that we should be more forceful. He took the exact same view when we were negotiating the promissory note, the maturity of the official loans from Europe, as well as the reduction of the interest rates on those loans. He took the exact same view when we went into government and were renegotiating the bailout programme. We were successful in all of those, however. We were successful beyond what most commentators expected us to be. We have the country in a good fiscal and economic position. Many people-----

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