Oireachtas Joint and Select Committees

Thursday, 31 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

12:45 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

No source given for these and it was not possible to check them, but Ireland's GNI is much higher than is shown on the graph. Similarly, the data suggest that we have been net recipients but I have analysis from Deutsche Bank - I appreciate none of the witnesses has seen this and I do not expect them to comment on the analysis but they may be aware of it - which uses five different methodologies to determine our position and four of them show us to be net contributors to the tune of between €100 million and €200 million. The GNI figure on this graph is far lower than the real figure, perhaps it is a very old figure and there are still comparable. This shows us as being net recipients as opposed to the Deutsche Bank analysis which shows us as being as net contributors. Can I get the witnesses thoughts on how comfortable they are with the data provided and what is the source of it?

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