Rabbitte preaches prudence

The Minister for Communications, Energy and Natural Resources wants profits from any sale of state assets to go towards job creation, but vows he won’t rush any decision

23rd April, 2011
Rabbitte preaches prudence
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Government minister Pat Rabbitte holds the keys to the state asset ‘jewels’ in his energy portfolio, but he won’t unlock the treasure trove if the proceeds of their sell-off goes straight to EU/IMF coffers.

The Minister for Communications, Energy and Natural Resources has said that he would be unlikely to agree to any asset disposal if the revenues raised were required to go to the EU/IMF, rather than towards job...

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