Oireachtas Joint and Select Committees

Monday, 20 September 2021

Joint Oireachtas Committee on European Union Affairs

Developments at European Union Level: Commissioner Paolo Gentiloni

Mr. Paolo Gentiloni:

In respect of the Deputy's first point, the Commission is working with Ireland, which is one of the 27 members of the club, and the UK, which is a third party. Of course, opinions are legitimate and I understand the Deputy's opinion, but the Commission is doing its job.

The Deputy is correct that the amount given to Ireland under the recovery plan is €1 billion in grants. This is a substantial amount of money. Of course, in comparison with other countries, it is a limited amount. The Deputy knows that the criteria for the distribution of these funds was mostly based on a few aspects, with GDP level being a key aspect. Therefore, Ireland is receiving more funding than Luxembourg, more or less the same as Denmark or Germany and a bit less than the Netherlands. Other countries with different situations relating to their GDP are receiving larger amounts of money. This was the criterion that was agreed unanimously by member states. Nevertheless the level of investment and the quality of the 16 investments in the national recovery and resilience plan for Ireland are strategically important. I will have the opportunity to discuss them tomorrow with a group of stakeholders and social partners. Given that these investments concentrate on specific issues, in particular, the green climate transition, this will give added value, which is important for the Irish economy despite the fact that due to the level of Irish GDP, the amount is not the maximum in comparison with that given to other member states.

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