Oireachtas Joint and Select Committees
Thursday, 4 December 2014
Joint Oireachtas Committee on European Union Affairs
Annual Growth Survey 2015: European Commission Office Ireland
3:15 pm
Mr. Patrick O'Riordan:
It has been a very great turnaround for Ireland from being in the programme to going to the top of the European league table of growth. It is a phenomenal turnaround and we can only rejoice in it and try to get other countries growing - ideally as fast but I do not think that will happen - so that people will realise their growth potential which they are not doing at the moment. The areas identified in the growth survey highlight some of the problems and the reason that is not happening. Everybody around the world is trying to play a part in encouraging growth. The Deputy referred to the roles of central banks which have been raised in discussions. Everybody must play a part; there is no silver bullet or magic formula. Hopefully, European growth will approach Irish levels in the next couple of years because that is what we all want to achieve.
Other points raised by members were to do with Euroscepticism.
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