Martin Ferris (Kerry North-West Limerick, Sinn Fein) | Oireachtas source

I thank the Minister for his presentation. The proposed cuts will affect the economic stability of the fleet and coastal communities in a detrimental way and the social consequences will be felt across the spectrum. From what the Minister said with regard to the Hague preferences and job losses, there will be almost 400 job losses and €23.5 million in total reductions for those areas. It will have a massive effect.