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Thursday, September 23, 2010


Dr. Liam Twomey of Fine Gael said that he is not surprised by the Global Competitiveness Index report, which found that Irish competitiveness declined again over the last 12 months, falling from 25th to 29th overall. “

“When you look behind our rating of 29th in the world, we find that our rating is even lower in some areas; for example in wastefulness of government spending we are 93rd, in transport and infrastructure we are 53rd. Our nearest English speaking neighbour, the UK, is 12th for competitiveness overall while six European countries are in the top 10 with Switzerland and Sweden in 1st and 2nd place respectively.”

“It is no surprise that our competitiveness has not improved. State imposed costs as well as trouble in accessing credit are some of the biggest problems facing businesses and they impact negatively on competiveness. Wexford County Councillors were successful in ensuring that commercial rates were not raised this year. Despite this, we have seen businesses close in Wexford and it is because this government fails to realise the impact this recession is having on businesses. They have not supported businesses since the beginning of this recession and they have recently implemented increases in electricity, petrol and diesel with the carbon tax and the energy levy which shows their lack of understanding of our current situation. Without a comprehensive government plan, our competiveness will continue to decline, making us a very unattractive prospect, not only for international and local businesses but also for tourists.”

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