Seanad debates

Thursday, 13 May 2010

11:00 am

Photo of Larry ButlerLarry Butler (Fianna Fail)

I am delighted they have seen fit to ensure we have a stabilisation plan for the euro when it is attacked outside the eurozone. That is to be welcomed. Negotiations have to be structured around the situation. I accept the importance of Opposition spokespersons highlighting this, but it is not acceptable for them to put misinformation out there. Negotiations are taking place to have a structure within the eurozone on budgetary matters. This is important because I do not think anybody adhered to the 3% structures, so it is time that some structure was put on budgetary matters in the eurozone. I welcome that and the debate will continue.

Results for the last quarter mean we are out of recession. Over 2,000 jobs have been created in the last quarter and are in the pipeline for implementation. Davy Stockbrokers, which does not have an axe to grind with anybody, has announced that we will see 1% growth in this quarter. That is to be welcomed and that is my good news for this quarter. I hope it continues.

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