‘We must get set for when troika leaves’

The troika will eventually leave and prosperity will return to these shores, and when it does we must be ready to capitalise on it, according to the president of the Cork Chamber of Commerce, John Mullins.

Mr Mullins was speaking at the Cork Chamber of Commerce Dublin dinner. He said there needed to be a list of shovel-ready projects once the country returned to growth.

“Sovereign self-determination will return. An economic stimulus of €2.25bn will not be sufficient going forward to maintain and sustain economic growth. That is why we must prepare a list of new shovel ready projects for all regions for when the troika leave and confidence is restored. Austerity must be replaced by re-investment and a successful bank debt renegotiating will greatly assist that end.”