Seanad debates

Thursday, 12 June 2003

Interest Rates Reduction: Statements.

 

10:30 am

Photo of Jim WalshJim Walsh (Fianna Fail)

We all welcome the European Central Bank cutting the interest rates. That is good and from a European point of view it is important that our businesses are competitive vis-à-vis businesses in the United States. Its interest rates at this stage are still marginally lower than the European Central Bank rate.

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