Seanad debates

Tuesday, 27 May 2003

We should now concentrate on the recent report by the National Competitiveness Council and Forfás on Ireland's performance in the euro zone. Was it anticipated that Ireland would become the most expensive country in the euro zone, even more expensive than France and Germany? It is imperative that the Minister for Enterprise, Trade and Employment comes to the House to see how we can address the issue. Over the past six years Ireland has had the highest inflation rate in Europe and it has caught up with us. There is transparency within the euro zone as a result of which other countries can compare our prices to theirs while Irish people can do likewise when they travel abroad.

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