Oireachtas Joint and Select Committees
Wednesday, 8 May 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Discussion with Minister for Finance
6:10 pm
Dara Murphy (Cork North Central, Fine Gael)
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Not a million miles from Senator Barrett's point, I refer to item 12 on the agenda. The Minister stated that the EMU may not be discussed. I refer to the introduction of convergence and the competitiveness instrument. What form might that take, given that our competitiveness has improved so much over recent years and also that peripheral countries need to try to hold some competitive advantage? Should we be fearful that convergence in the European context might actually mean a lack of competitiveness for countries like Ireland?