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IMF bailout will hurt Donegal 23.11.10

LABOUR'S Donegal North East election candidate Cllr Jimmy Harte has warned that the IMF and EU bail-out of Ireland "will have serious implications for Donegal"
Cllr Harte said that as a businessman and father, he was concerned for many small businesses in the county.
He said he feared that many local families could see their incomes and benefits slashed as a result of IMF intervention. But he said a stable Government brought about by the upcoming general election would bring "some stability on the political front".
“There are so many middle-income families that are struggling with personal debt and this will be another blow to their survival. The crisis has been caused by internal incompetence and we are now depending on the goodwill of foreign nations to sort out our problems," said Cllr Harte.
“The economy of Donegal is full of vibrant and hard-working small businesses, farmers, public servants, and many more individuals who worked to make this county a proud place to work and live in. However, we have the biggest challenge to face in the history and what the country is crying out for is leadership to navigate our way out of what is a frightful situation."
He said Donegal people had shown, in the past, that they could create jobs and work hard to sustain them. "As a business person myself I know the difficulty of maintaining jobs in good times but in recessionary times it is worrying to staff and unless we get a stable government in place soon, the confidence of Donegal people will ebb away. I am relieved to hear the Greens has at last recognised what the country has realised for many months, that this Government is long passed its sell-by date and that it is incapable of leading the country to economic recovery.”
Taoiseach Brian Cowen last night said he would dissolve the Dáil after the budget on December 7, is passed.
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