Oireachtas Joint and Select Committees

Thursday, 29 June 2017

Committee on Budgetary Oversight

Capital Investment: European Investment Bank

10:00 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I thank Mr. McDowell. Given that the level of capital investment has fallen way down since the crash and all that, a big debate we are having here - and I apologise if this has already been raised - is about the constraints of the fiscal rules as applied to capital investment. We are trying to make a case for capital investment to be treated differently from current spending. Has the EIB any view on this or any influence on the EU in this debate?

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