‘Proceeds should fuel job creation’

THE full €3 billion of proceeds from the sale of state assets should go towards job creation, Fianna Fáil has said.

The party insisted that using the funds to pay off debt was not part of the original agreement it reached while in Government when signing up to the EU-IMF and ECB bailout.

“It was never a commitment to use it for a reduction of debt,” said the party’s spokesman on Public Expenditure and Reform, Sean Fleming.