Govt denies bailout will force tougher cuts
LIES, LIES, LIES.
20/11/2010 - 18:35:07
The Government tonight denied that a bailout for the crippled economy will see it forced into imposing even tougher cuts in public spending.
Taoiseach Brian Cowen said his officials were discussing “access to money” with the International Monetary Fund (IMF) and European officials in Dublin.
He sought to play down the implications of the talks and said they would not influence the final shape of a drastic €15bn savings plan his government is expected to finalise tomorrow.
Mr Cowen was on the campaign trail in Co Donegal where polls suggest a byelection threatens to weaken his government’s grip on power, but he again said his administration was working in the best interests of the country.
“What we are seeking to achieve is, if we get the right terms and conditions, access to money at a cheaper rate than is available on the markets, and that’s in the taxpayers’ interests, that’s in the country’s interests,” he said.
“And it’s because we are trying to protect the tax payers’ interests that we are in these discussions and having to work through these issues.”
But opposition politicians have accused the government of bringing shame on the state and are demanding Mr Cowen’s resignation after the symbolic blow of the IMF arriving in Dublin.
Meanwhile, the Government is poised to unveil its four-year recovery plan, amid speculation it will be published on Tuesday.
Ministers are expected to meet tomorrow to agree the document.
The Taoiseach told RTÉ that the funding contained in any rescue package from the IMF and Europe would not force the Government to reshape its planned cuts.
The Government also repeated its belief that its low corporation tax rate of 12.5% would not be affected by any bailout.
The fate of the economy has major international implications, with fears any deterioration may affect other eurozone states.
Read more: http://www.breakingnews.ie/ireland/govt-denies-bailout-will-force-tougher-cuts-482587.html#ixzz15vS4dz00
"But opposition politicians have accused the government of bringing shame on the state and are demanding Mr Cowen’s resignation after the symbolic blow of the IMF arriving in Dublin" What a load of BOLLOX. You lot are as equally responsible for the mess we are in. You have consistently voted for greater EU control of our Nation. You campaigned for a yes vote in Lisbon2 and you lied just as much as FF promising more "jobs" and an "economic recovery"
ReplyDeleteSo don't try and fool the people into believing that you are as pure as the driven snow. Because you are as equally Treacherous as FF.