Ms Niamh Campbell:

It is true that the multi-annual financial framework, with which I deal, was cut for the first time in the history of European negotiations. That has been acknowledged by everyone. I am sure the Senator will be aware that the multi-annual financial framework was discussed at two meetings of the European Council - in November 2012 and February 2013 - that were chaired by Mr. Van Rompuy. The ultimate outcome was the result of a very difficult compromise, basically between the net contributors to the EU budget and the net beneficiaries of that budget. Ireland's objectives for the multi-annual financial framework were to maintain funding for the Common Agricultural Policy in nominal terms, to secure the maximum outcome for the Border, midlands and west, BMW, region and to secure a continuation of the PEACE programme. It is the case, based on current information, that Ireland will continue to remain a net beneficiary of EU funds. That is a very good outcome for Ireland, especially in light of the data for all the other countries. Ireland has the highest income, in terms of gross national income per capita and in terms of EU receipts, of any country that is still a net beneficiary. While it is true that there was a reduction, that reflects the realities of reaching a deal unanimously at the European Council.