Oireachtas Joint and Select Committees

Thursday, 4 December 2014

Joint Oireachtas Committee on European Union Affairs

EU Investment Package: European Commission Office Ireland

2:25 pm

Photo of Eric ByrneEric Byrne (Dublin South Central, Labour) | Oireachtas source

I welcome the delegation from the European Commission office. I wish to revert to the comment on the use of language made by the Chairman. The third point in Ms Nolan's statements states:


The final strand of the investment plan is a roadmap to make Europe more attractive to investment by removing bottlenecks, and establishing a more stable, business friendly and predictable regulatory environment. The establishment of a genuine Single Market in energy, the digital sphere, capital, public procurement and services is a part of this.
The first part of the sentence is clear but I would like somebody to elaborate on the following words: "by removing bottlenecks" and "establishing a more stable, business friendly and predictable regulatory environment". Is the regulatory environment not attractive? We know we are working towards the establishment of a genuine Single Market in energy, the digital sphere and so on but there is also reference to capital and public procurement and services.I understood that procurement was an EU policy. One hears about the contract for the publications of Irish school books going to Poland, when we could do it ourselves. I would like examples of the difficulties and where the bottlenecks occur that make the market not sufficiently attractive for investment.

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