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Reilly says youth employment needs funded stimulus

1 February, 2012

Sinn Féin’s EU Affairs spokesperson Senator Kathryn Reilly has challenged the government about its intentions after the EU announced that a youth jobs initiative would go hand-in-hand with the fiscal compact.
“The announcement of this so-called initiative, as 25 member states signed-off on an austerity treaty, is an attempt to deflect attention from the fiscal compact which will prevent any serious job stimulation for a generation.
“Last week I challenged the EU affairs minister, Lucinda Creighton TD, about using unspent structural funds to stimulate our economy. She said that this didn’t apply to Ireland as we are no longer in receipt of large structural payments. Yet, now we are told that this is a core part of the so-called jobs initiative.
“This initiative has been dismissed as a political stunt while austerity is being imposed and an attempt is underway to put austerity into law.”
Senator Reilly, who is the youngest member of the Oireachtas, continued:
“What is needed to tackle youth unemployment in Ireland is genuine, funded stimulus, not stunts and definitely not an austerity treaty.
“I look forward to engaging with Minister Creighton and the Commission to see what details and Euros are behind this initiative and to put forward positive ideas to help Irish youth back to work.”

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