Wednesday 16 April 2014

Overview: The worst is over, Michael Noonan promises

Ireland is emerging from its economic crisis, Finance Minister Michael Noonan has declared in this opening remarks of the Budget 2013.

Giving details of his latest austerity Budget in the Dail, Mr Noonan said the economy was continuing to grow but still had a long way to go.

"There are manifest signs that the country is emerging from the worst of the crisis," he said.

Mr Noonan said Ireland would continue to fulfil the conditions of the EU/ IMF bail-out package so it could return to borrowing money from the international money markets.

The minister said his focus was now on helping small and medium-sized enterprises, which he described as the life-blood of the economy.

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