Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage (Resumed)
11:40 am
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Is this not the kind of thing for which we could go to the European Investment Bank? Deputy Halligan said he met with EIB representatives at a committee and asked them about this. If the public sector goes to the EIB with a good project that has a definite return and for which it can set out a business case, the bank does not care whether it is public or private sector; it is interested in such projects. There is obviously a huge employment spin-off if we can put together big projects such as this. It seems to me that it should be a matter of urgency. Given the savings and jobs that Deputy Donnelly mentioned, it is a win-win situation. Are we therefore engaging with the EIB to put forward proposals of this sort?
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