Paul Coghlan (Fine Gael)

The House is well used to hearing litanies of complaint. Much of it is waffle, although perhaps in the odd instance it is justified. In any event, this morning we should recognise the good news story on the front page of The Irish Times to the effect that our cost of borrowing has declined and reduced to pre-bailout levels. This is good news. It shows that the picture and perception of the country abroad is already altogether removed from the more financially troubled eurozone countries. This is good news because it means the return to the markets will be a good deal sooner than anticipated.