Taoiseach welcomes endorsement of new pay deal by ICTU and IBEC

Taoiseach welcomes endorsement of new pay deal by ICTU and IBEC

The Taoiseach, Mr. Brian Cowen T.D., today welcomed the formal ratification of the Towards 2016 Review and Transitional Agreement 2008-2009  by the Irish Congress of Trade Unions and the main employers group, IBEC.

The Taoiseach said:  “I very much welcome today’s ratification of the latest social partnership agreement by the trade unions and the main body representing employers.  

“The social partnership process has been an important ingredient in the development of Ireland’s economic and social capacity.  Within the framework of this new agreement, we can continue the process of constructive engagement so that we successfully manage the transition back to sustainable levels of economic growth.”

“We face some testing times in the immediate period ahead.  It is critically important, therefore, that all of the parties move forward now to support the constructive management of change and the maintenance of industrial peace.  I look forward to discussing these challenges with the social partners over coming weeks”.

ENDS