Joe Higgins
Question:38 Mr. Higgins (Dublin West) asked the Minister for Finance the action, if any, his Department is taking to offset the effects on the economy of the developing crisis in the world economy. [23678/98]
Vol. 496 No. 6
38 Mr. Higgins (Dublin West) asked the Minister for Finance the action, if any, his Department is taking to offset the effects on the economy of the developing crisis in the world economy. [23678/98]
77 Mr. Higgins (Dublin West) asked the Minister for Finance if he will make a statement on the developing crisis in the world economy; and his views on the way in which it will effect the implementation of EMU. [23677/98]
I propose to take Questions Nos. 38 and 77 together.
Notwithstanding the significant progress which has been made over recent months in stabilising international financial and capital markets, the economic and financial problems besetting many emerging economies continue to be a cause for concern.