Tánaiste Eamon Gilmore has said the Government would like to ease taxation during its current term if the economy allows.

Speaking on RTÉ's The Week In Politics as the three-day Labour Party conference ended in Killarney, he said that as the State's finances improve, the Government would hope to ease taxation during its current term "f that is possible". 

Mr Gilmore said that the people who benefit from economic improvement cannot be a handful of property speculators. 

Speaking about healthcare, the Tánaiste said that €113m will be saved in the review of medical cards.

He also said the Government is looking at the possibility of expanding embassies abroad, including the Vatican.

Delegates told Government 'not a Labour Government' 

In his keynote leader's speech, Mr Gilmore emphasised the successes of the Government 1,000 days since his party went into coalition with Fine Gael. 

"Not everyone has been happy with some of the decisions we have had to make.

"I understand that and I accept responsibility for it. But we always knew that this was going to be tough. And it has been.

"This is not a Labour Government or a Labour-led Government. It is a coalition Government," he told delegates.

He said that there were times on taking office that he thought this country might not recover.

Promising that there would be no return to the policies of "Boom and Bert" he blamed for causing the economic crash, he also pointed out that the present Government had ended the bank guarantee and liquidated Anglo Irish Bank.

"And no-one did more to free our country from the shackles of the bailout, than that great servant of Labour, Brendan Howlin," he added, paying tribute to his ministerial and party colleague. 

Meanwhile, Minister for Communications, Energy & Natural Resources Pat Rabbitte met a number of TDs, senators and councillors yesterday evening to discuss their concerns over the controversial overhead pylon issue.

The conference was the last before next year's local and European elections.