Seanad debates

Thursday, 10 April 2008

10:30 am

Photo of Eugene ReganEugene Regan (Fine Gael)

I take the Cathaoirleach's point. I am entitled to establish the basis upon which the debate is needed. Currently, we have a growth rate of 1.8%, the lowest since the 1980s, inflation is at 4.8%, unemployment levels are at their highest in a decade and we have a current account deficit of €10 billion, the highest in the history of the State. We can blame international factors for much of our——

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