Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Justice, Defence and Equality

Provisional Council Regulation on Statute for a European Foundation: Discussion

10:15 am

Mr. Colin McCrea:

There are 30 in Ireland, of which two account for 85% of all spending. Those two foundations are to close within the next few years. To put on the green jersey for a moment, the proposed statute will assist smaller countries by facilitating the entry of foundations.