Ireland making ‘such good progress on all fronts’ – Van Rompuy
THE PRESIDENT OF the European Council, Herman van Rompuy, has hailed Ireland’s performance in implementing economic reforms in a speech to a conference in Italy.
Van Rompuy was speaking to attendees at the Ambrosetti Forum on the shores of Lake Como yesterday when he hailed the performance of Ireland, citing the country’s tentative return to the bond markets over the summer.
In a wide-ranging speech, Van Rompuy reiterated his belief that the eurozone will overcome its current problems.
He said that the current crisis has far from killed solidarity between European countries and insisted that instead it has “revealed what it takes to be a union”.
Van Rompuy said that the realisation of the extent of the problems facing the single currency and the continent coupled with the reforms being implemented by European nations had given him confidence that the crisis will be overcome.
He told attendees: “Ireland is making such good progress on all fronts that since July Dublin is back to the international bond markets, attracting considerable investment from the US.”