Oireachtas Joint and Select Committees

Tuesday, 31 March 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Green Paper on Capital Markets Union: Discussion

2:00 pm

Photo of Ciarán CannonCiarán Cannon (Galway East, Fine Gael) | Oireachtas source

I have two questions for Mr. Carrigan. In his presentation, he said that it is not immediately apparent what the benefits to the Irish SME sector may be arising from strengthened CMU. How do we ensure that our SMEs benefit to the maximum extent? Some early contributors, particularly Dr. Gurdgiev, said that the Irish market may be too small and that our SMEs are simply too small in comparison to what one might understand an SME to be in other jurisdictions to attract the kind of investment that may be freed up through this kind of instrument.

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