Oireachtas Joint and Select Committees

Tuesday, 28 January 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Scrutiny of EU Legislative Proposals

3:40 pm

Mr. Patrick Rochford:

Yes, we can provide detailed information on the change. There were three core issues for us when it comes to regional aid. In the original proposal, the population coverage would have been cut to 25%, the aid intensity rates were to be reduced dramatically and complete supports for large enterprises prohibited. In terms of the outcome, our population coverage has been actually slightly increased from 50% to 51.28%, aid intensity rates maintained and we agreed a compromise with the Commission that aid can be provided to large enterprises. There are restrictions in place in that regard but for new investments one can provide investment aid to large companies. The result we got was largely positive. We can provide a briefing on how it progressed.

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