Dáil debates

Wednesday, 12 January 2011

2:30 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

I take it Deputy Noonan is not questioning the IMF interest rates, which are locked in, nor is he questioning the stability mechanism, which is also locked in. He is envisaging renegotiating with 27 member states. That is theoretically possible but to suggest there were bad negotiations because we have a better arrangement than Greece, which Greece subsequently sought, is inaccurate and misleading.

Regarding the Croke Park agreement, the figures in this year's Estimates reflect the savings that can be procured from the Croke Park agreement.

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