The Taoiseach regrets that it was not possible for the unions to agree the proposals for the reduction in the public service pay roll presented this evening.
However, the Taoiseach is grateful for the quality and the sincerity of the engagement that has taken place. This includes agreement on a framework published last week which acknowledged the urgency of the situation and the need for an adjustment in the order of €2bn.
The Government will consider the position at its meeting later this morning and will take the necessary decisions in respect of the fiscal adjustments as was indicated over the weekend by the Taoiseach.