Oireachtas Joint and Select Committees

Wednesday, 15 October 2025

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

Scrutiny of EU Legislative Proposals

2:00 am

Mr. Matthew McGann:

In fairness to our colleagues from the Commission, they do not deal with the Stability and Growth Pact. It would be our interlocutors from the Department of Finance in DG ECFIN who would deal with that. I know a little about the SGP. Unfortunately, it is quite complex. The Cathaoirleach Gníomhach was correct that the national escape clause has not been activated in respect of climate but there are provisions in the reforms of the economic governance framework and the SGP that relate to climate investment. I can go into more detail on them as time allows or as the members wish.

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