Burton: Bank debt deal must help people get back to work
on 18/02/2013 10:09:26
It has been reported that the Troika is unhappy with Minister Burton's comments in the Dáil last week when she indicated that the money saved should be used to soften the Budget this year.
The EU, ECB and the IMF are concerned that using the money this year could damage Ireland's push to return to the bond markets.
Minister Burton however said the Troika must be aware of the high levels of unemployment in Ireland, and have indicated themselves that they underestimated the effect of austerity on jobs in Ireland.
She also dismissed suggestions of division between Labour and Fine Gael on the issue saying she is not aware of any government minister who doesn't want to get people back to work.
"The critical thing is that the promissory note deal gives Ireland a small bit of extra leeway in relation to helping people to get back to work," she said.
"I would like to see the Budget framed in the context of helping people get back to work."