Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)

Is it not the case that the prescriptions of the EU and the IMF, irrespective of how we got here, are moving us in the opposite direction to that which allows for job growth and economic growth? The EU and IMF require austerity, which is sucking money out of the economy. For Greece to get a miserable 1% reduction on its interest rate, it had to agree to €50 billion worth of privatisation. Is that the road we go down as the growth forecasts go down, as the EU and the IMF come back and say we will not be able to pay it back on this basis and that they want more?

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