Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

3:00 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

I am sure the Minister will have seen the following article but I would like to refer to it. In today's edition of The Irish Times, the economics editor stated in an article that: "Given all the factors [analysing the economic crisis] it is hard to avoid the conclusion that it is now as likely as not that the State will have no option but to resort to a bailout." Will the Minister comment on that statement? The economics editor gives a very detailed analysis. Does the Minister share it?

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