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Irish Mirror
Irish Mirror
National
David Kent

Government doing 'all they can' to stop energy bills rising as Finance Minister defends action

The Minister for Finance has defended the Government over their handling of the cost of living crisis, saying that they couldn't do much more to combat rising energy bills.

Paschal Donohoe noted that he 'accepted' that it wouldn't be enough for everyone.

Speaking to Newstalk on Wednesday morning, he said: "That which we can influence, in terms of bringing the cost down through the changes that we are making, we are doing.

"I accept it doesn't cover all of the cost but... with all of the different things our country is having to deal with at the moment, it's important we also have the money to make progress on those."

Minister Donohoe also claimed that a lot of factors are out of the hands of the Government.

He continued: "I absolutely appreciate that higher costs that many are facing at the moment are going to be really difficult.

"Appreciate that, on top of everything else that we have to deal with - the rising prices, the bills that are going up - just adds to the challenge that lots face at the moment.

"And also adds to the challenge that businesses are facing."

The Government have introduced initiatives such as the extra €200 for every household to help the pubilc.

Minister Donohoe said it was important to note that there were other plans in action.

He said: "As these bills go up, the changes we made with regard to taxation, the energy rebate that will be coming through of €200 - I accept they don't cover most of the cost that families and business will be facing.

"But equally, I think it's important to emphasis that neither this or any government can insulate our economy, our businesses, even our bills from all of the changes that are happening.

"Many of which are due to the war that's taking place in Ukraine - a large number of the other reasons that are changing this... are for things that are beyond our influence and our control".

You can listen to the full interview with Minister Donohoe here.

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