IRELAND'S ECONOMIC PERFORMANCE;Amdt. line 4:

EDM number 565A1 in 1996-97, proposed by David Trimble on 26/02/1997.

at end add `but notes that in view of the of the sizeable net outflow of resources from the Irish Republic caused interest payments on its large foreign debts and the repatriation of profits, largely created in the Irish Republic by transfer pricing as a means of minimising corporate tax liabilities, gross national product is a more realistic measure; notes that GNP per capitia in the Irish Republic was in 1995 only 80 per cent. of that of the United Kingdom; notes that the 1995 OECD and in 1996 European Commission Reports indicate serious structural flaws in the Republic's economy; further notes that continuing high levels of unemployment in the Irish Republic; and observes that if the Republic's government believes the hyperbole about being a "celtic tiger economy" it should renounce its present status as the European Union's most heavily subsidised country.'.

This is a ammendment to 565.

This motion has been signed by a total of 4 MPs.