TAOISEACH Enda Kenny says further spending cuts and tax hikes would have been needed if there wasn’t a deal with public sector workers on the Croke Park deal.
Mr Kenny also said the unions that stayed inside the talks had negotiated significant concessions from the Government.
He said the agreement was “one of the most fundamental set of negotiations” of recent years.
Mr Kenny said the extension of the Croke Park deal up to 2016 would save €300m this year and €1bn over the lifetime of the agreement.
“The only alternative would be to tax and cut more deeply,” he said.