`Local TD and Louth manager Peter Fitzpatrick says Dundalk people “respect” tough decisions made by the government

The comments came as Deputy Fitzpatrick was talking at a Dail debate on the European Communities Bill

The comments came as Deputy Fitzpatrick was talking at a Dail debate on the European Communities Bill

“Last week while canvassing in Dundalk, there was a constant and simple message from my constituents. While they did not like on a personal level many of the decisions that had been taken, they realised those decisions had been taken for the good of the country. As a result, they understood and respected the decisions. They realised taking a tough decision now would ensure a better future.

“Dundalk and the greater Louth area have seen an upsurge of international companies locating there since the formation of this Government. It is not a coincidence. Those companies can now plan more confidently for the future and new companies looking to locate in Ireland will be greatly encouraged by the decision of the Irish people. The veil of uncertainty has been lifted and Ireland is firmly on the road to recovery.

“Last weekend in Collon, I was reminded there had been a fall in the yield on Irish two-year bonds in reaction to the “Yes” vote. This is the type of reaction that is required. That the markets reacted positively is a clear sign the “Yes” vote has been welcomed. I do not mean welcomed for the sake of it, as markets are anything but sentimental. Rather, the vote put Ireland on a sound footing and removed a great deal of uncertainty. As we all know, markets do not like uncertainty. They have also voted, in that they have reduced Government bond yields, which is a strong endorsement of the Irish Government and people for backing the fiscal treaty.”