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THE PRESIDENT OF the European Council has appeared to back Ireland’s push for a cut on the interest rate it pays on its European Union/International Monetary Fund bailout.
Herman Van Rompuy was speaking to reporters at a rain-soaked press conference following bilateral discussions with Taoiseach Enda Kenny in Dublin today.
He said “we need a deal” in relation to Ireland’s push for an interest rate reduction, RTÉ reports.
Getting a deal has proved more difficult to achieve then was first anticipated by the current government with talk of a one per cent cut on the 5.8 per cent Ireland pays on the bailout being downgraded to a possible cut of 0.6 per cent.
Discussions between the Taoiseach and the former Belgian prime minister – on his first trip to Ireland – have focused on the issues on the agenda of the June European Council next week as well as other economic issues.
Van Rompuy is due to meet president Mary McAleese at Áras an Uachtaráin later today as well as address the Institute of International and European Affairs, and visit Trinity College in Dublin.
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Split the €5.4m and give them 9k each. That would get them through a decent college course instead of whatever poxy fas type scheme they’re proposing
train them for what?? where are the jobs?? will end sending most money back same happened when Dell culled their workforce most money unused.
Am I missing something?
Retrain for what?
how to speak a different language when they have to immigrate
Damn you evil Europe. How dare you fund the retraining of our unemployed?!? Patently a scheme related in some way to bond holders
As for Sinn Fein welcoming it….there should be an An Phoblacht version of the Collins dictionary produced. Their definition of irony would be interesting.
Speaking of call centres I see there are 3 people on the Sinn Fein Journal monitoring post tonight…
Go to bed and stop worrying about SF.
The journal is covered in Sinners and lefties.
Going on these pricey gimmicky training courses is a waste of time right now…i have to go on them all the time with work…courses for motivation..teamleader..problem solving..lean..technical report writing…i have a folder full of lovely certs…all a heap of crap…divide the cash up and hand out to the ex employees…it puts much needed cash into the local economy…job done.
Now we know why you’re only worth two cents
Pathetic Paul…The term ‘My Two Cents’ refers to the analogy of I have an idea that I’ll throw in for discussion…
Ahhhhh, that’s what it means. You know, I would have never figured that one out. Thanks for clearing it up.
Your ‘no sense’ approach to developing yourself still makes you only worth two cents. Surprise you still have a job with that attitude.
invest the money in job creation, no point in being highly trained and being bone idle.
I love them words invest in ‘Job Creation’ no point lads…no one is spending!!
Basically it works like this.
A talk talk workers gets on some over priced course.
Waste of money.
I think ‘retrain’ are for those with no degrees or decent education. I think a lot of people were working there for years and that’s all they know and were trained for in life.
Shame in them. No excuse for laziness and lack of ambition.
Why I does every comment on here have to be so negative? I’d love to hear from some of the people affected and what they think.
There has hardly been a job announcement in this city since it closed over a year ago and that’s not an exaggeration. Where are these jobs going to come from.
I do see that cork is to get a new European head quarters for some US company and 30 more jobs being created in Galway.
What are they going to do train them to leave Waterford. No point in training people if there are no jobs for them. We were promised all the help we needed when talk talk closed but as seen from this article we most certainly are not getting it with an unemployment rate 4% higher then the national average.
Also the generalisation. Of the talk talk workers not being educated is disgraceful I happen to know plenty of people who worked there who had third level education unfortunately there was no work in the areas they had studied.
Whether someone goes to college or not shouldn’t matter. Some jobs do not require you to have a degree and a lot of companies offer great training programmes to their employees.
As one of the ex-TalkTalk workers, its incredible to see how many negative and pessimistic comments there are on here from the Irish public.
it’s good to talk talk
Great to see that the Irish public are as pessimistic as ever. This funding scheme has already been of great help to myself and many of my former colleagues at TalkTalk. It provides funding for both education and enterprise, in an area of the country which has suffered more from job losses and unemployment than anywhere else in the country. Some people that have commented here (Paul Lanigan in particular) would want to grow up.
That should pay for a few Safe Pass courses…
As an ex-Talk Talk worker, I’m making good use of the funding and so are a lot of other people I know. And no, it’s not on useless overpriced courses. Most of us have the cop on to use this opportunity for valuable and relevant training. It is OUR own lives after all so why wouldn’t we make the most we can of it?
I got my degree while working at Talk Talk by the way so I wouldn’t say I’m lazy or unambitious – I am so surprised at people’s reaction to this news.
As another former Talk Talk employee, I agree that some of the comments here beyond stupid, seriously people.
There should be more money spent in Waterford, helping to create jobs, get people back to work, bringing new businesses, retraining local workers and help people set up there own businesses. Education and Innovation are proven to be two of the biggest factors in getting an economy back on track and there has been very little investment in Waterford aimed at job creation in comparison to the rest of the country, its an absolute disgrace. Waterford is becoming a black hole for unemployment and if the Government don’t sort something out now will become a very costly exercise into the future.
have your say