Oireachtas Joint and Select Committees

Tuesday, 10 February 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

ECOFIN Briefings: Minister for Finance

6:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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I appreciate the Minister's comments, in particular, on having a sympathetic approach. On positions he has articulated which possibly come from others on fulfilling the outstanding conditions under the programme, is it the Government's position that the programme, as constructed, is not capable of working? We are talking about a programme that has added €240 billion of debt to the Greek economy. Approximately 10% of this figure has found its way into Greek public services and so on, while the other 90% has gone towards servicing debt. Is it the Government's position that there needs to be change, but let us negotiate what that change should look like?