Seanad debates

Thursday, 5 February 2009

Stabilisation of the Public Finances: Statements

 

1:00 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael)

I have to make this point, as this is the good news. In eastern Europe, inflationary rates are increasing all the time but, if we could bridge that gap and if we can stand still in terms of costs, we will be more competitive. We need to stop the inflationary bandwagon we have been on for the past ten years.

I have made these points to be helpful to the Government. I have given the Minister of State two important items of information. I will tender the letter I issued to Celestica this morning, to which it has given a positive response. It said it needs help and it will take our help, but the Government must control the costs.

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