Oireachtas Joint and Select Committees

Thursday, 2 February 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

EU State Aid Rules - Investigation into Preferential Tax Rulings: Minister for Finance and Office of the Revenue Commissioners

9:30 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I accept the information that she gave. I worked with Margrethe Vestager when she was the Danish Finance Minister for three years. When Ireland held the EU Presidency, I worked closely with her on banking union. There were particular issues in banking union in Denmark as it was outside the eurozone but there was going to be a banking arrangement that would apply across the European Union. I have no personal antipathy towards her. She is a good Commissioner and an effective person, but I disagree with the decision that was made. That is the issue and we are appealing it in the courts. We shall let the courts adjudicate.

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