Oireachtas Joint and Select Committees

Tuesday, 27 March 2018

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

Overview of Operations: Strategic Banking Corporation of Ireland

2:00 pm

Mr. Nick Ashmore:

No. There are three sets of state aid rules. One is the general state aid rules which cover SMEs broadly and larger businesses. There are agriculture state aid rules and the fisheries and aquaculture state aid rules and they all have a de minimisscheme and a block extension regime. We have not been able to find a way under those state aid rules to support fisheries businesses at this point in time. It is something we are keeping under consideration. If there is a requirement coming through the Department of Agriculture, Food and the Marine to focus more on that, then we are very much ready to respond to it.

Comments

No comments

Log in or join to post a public comment.