Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I welcome our three guests and thank them for their opening statements which we received in advance. I will start with Mr. Regan and pick up on the theme on which he focused. He made a very explicit connection between the CCCTB and Brexit, making the point that the European Union was very determined to proceed with the CCCTB proposal. We saw this ourselves in the committee room when the Commissioner came before us. Mr. Regan is also saying, however, that it has become more likely as a result of Brexit. Is he saying this is simply a function of the changed dynamic within the European Council in terms of voting arrangements, even though unanimity is required? Why is he saying it has become more likely?