Seanad debates

Tuesday, 27 May 2003

Sustaining Progress: Statements.

 

It is a tribute to the negotiators that, despite the wage terms of the agreement, it looks as if the trade unions, in particular, were accepting something a little under par with regard to the expected rate of inflation. It may be that with the downward pressures on inflation, especially with the strengthening exchange rate, they will have to do a little bit better than using the rate of inflation. Good luck to them.

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