Seanad debates
Tuesday, 27 May 2003
Sustaining Progress: Statements.
The problem is that there are so many damaging negatives surrounding the economy. Last week, for example, the National Competitiveness Council, NCC, predicted that Ireland was about to become the most expensive country in the euro zone. In 1995 our prices were well below those of our EU partners. Now, because of inflation, we are 2.5% above the EU average and have overtaken our partners.
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