European Institute

On September 20, 2010, the European Institute welcomed The Honorable Eamon Ryan T.D., Minister for Communications, Energy, and Natural Resources of the Republic of Ireland. In a comprehensive presentation on Harnessing the Knowledge and Green Economies for Sustainable Growth, Minister Ryan began by addressing the Ireland’s current debt crisis and the government’s efforts to reduce the budget deficit to 3% of GDP in five years and to achieve more that 4% growth by 2012.  Central to these efforts is investment and trade in the energy and ICT sectors, which Minister Ryan argues are key components for sustainable economic growth.  As examples, he cited Ireland’s implementation of a National Retrofit Program to deliver energy efficiency upgrades and ongoing efforts to draw upon such plentiful renewable energy resources as wind. Minister Ryan stressed the importance of similar priorities in the European Union and emphasized the need for a common energy market within the EU, a single European digital market, and freer global technology transfer between the U.S., Europe, and Asia.

Click here to read the full text of Eamon Ryan's remarks.