Oireachtas Joint and Select Committees

Wednesday, 18 June 2025

Committee on Enterprise, Tourism and Employment

Scrutiny of EU Legislative Proposals

2:00 am

Mr. Ciaran Mullooly:

I will go back to the opening comment of the principal speaker, Mario Draghi. His contribution since I joined has been significant. Prior to joining the European Parliament, like many of those in the committee room, I am sure, I always blamed Mr. Draghi as the man who repeatedly put up the cost of my mortgage repayments in Ireland in his former role as an ECB announcer. I must say, his impact here has been strong. His words, in particular with regard to the performance of industry as compared to the East and, particularly, the rest of the West, are significant. I have a feeling and hope that we will be coming back with further legislation from Europe in this regard to make us more competitive, and not just in the area of enterprise. One of Mr. Draghi's most significant contributions was his comment on the price of energy in Europe. I appreciate that it is a debate for another day.

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