Oireachtas Joint and Select Committees

Tuesday, 16 June 2020

Special Committee on Covid-19 Response

Covid-19: Impact on the Fiscal Position

Dr. Eddie Casey:

To answer the Deputy's question regarding amounts that will be available from the Franco-German proposal and the €750 billion, that is very uncertain. We have seen estimates ranging from a couple of billion euro to several billion euro. Depending on how that funding is allocated, there is a huge variance in what might accrue to Ireland. There is also the question of what Ireland will be contributing, and therefore the question of how much we will be receiving in net terms. It is just too difficult to say-----

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