SIPTU: Revised bailout terms mean nothing without budget revision

THE revised bailout terms agreed for Ireland in Brussels on Thursday “will mean nothing” unless the Government can inject life into the economy.

SIPTU president Jack O’Connor said the Government must use the opportunity offered by the revised deal to promote economic growth and jobs.

Mr O’Connor pointed out that the deal would “mean nothing” if the Government continues with the projected €3.6 billion deficit reduction in the upcoming budget without “offsetting measures”.