'Fiscally prudent doesn't mean austerity': McEntee says spending cuts are last thing European economies need

Minister McEntee has acknowledged criticisms of the slow response of the European Commission but says it is now acting decisively.

Helen Mc Entee says the current crisis is different to the 2008 financial crisis because Ireland is not facing it alone.

Spending cuts and tax increases are the last things European economies need, according to the Minister for European Affairs.

Helen Mc Entee says the current crisis is different to the 2008 financial crisis because Ireland is not facing it alone.