LBC/IRN · London Broadcasting Company

Title

Ireland to join European monetary system

Genre

News report; Interview

TX Date

16 Dec 1978

Year of production

1978

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Duration

00:04:05

Description

John Ferguson reports on Ireland’s decision to join the European monetary system and the preparatory measures it is taking. Director-General of the Confederation of Irish Industry, Liam Connellan says the greatest challenge that industry faces is increasing its production. Economist Dr Seamus Sheehy, University College Dublin, says unions will need to modify their wage demands to keep interest levels down. Irish Minister for Economic Planning, Martin O’Donoghue says a lot depends on the British Government in relation to exchange rates with the British pound.

Contributors

John Ferguson; Liam Connellan; Seamus Sheehy; Martin O’Donoghue

Keywords

Trade unions; Government; Wages; Inflation; EEC; Ireland; Unemployment; Exchange rates; Productivity; Economic systems; Foreign exchange; International monetary systems; Industrial productivity; European economic planning; European government

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