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Words and promises but no money for jobs: Toibín

30 January, 2012

Speaking after the EU summit ended this evening, Peadar Tóibín TD, Sinn Féin spokesperson for Jobs, Enterprise and Innovation said:

“The 23 million unemployed people across Europe will be bitterly disappointed that despite the seven page EU Jobs press statement released today (Monday), the EU has not put its money where its mouth is when it comes to jobs.

“Vague aspirations don’t create jobs and what we see here is a critical opportunity missed as EU leaders try to divert attention away from failing austerity and bank bailout programmes. There is a stark and telling contrast between the €500 billion given to the European Stability Mechanism and the zero extra funding assigned to the human cost of the current EU policy direction.

“This was an opportunity to guarantee our young people a stake in our economic future. This was an opportunity to actually invest additional money in sustainable green energy. It was an opportunity to invest in employment and infrastructure and open credit lines to our businesses.

“What we have got is words and promises, no additional money. The further attacks on the low paid under the guise of labour market reforms will reduce rather than preserve social cohesion and the opening of our main streets to out of town hyper markets will be a blow to indigenous SMEs.

“Even the positive support from the summit for the EU Progress Micro finance programme is tempered by the knowledge that this government has failed to actually draw down any of this money to support our SME sector to date.”

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