Oireachtas Joint and Select Committees
Thursday, 31 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Scrutiny of EU Legislative Proposals
12:35 pm
Kieran O'Donnell (Limerick City, Fine Gael)
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There is still work to be done on that matter. Under the original proposal, the amount available under the European globalisation fund was €3 billion. This has been reduced to €1.8 billion. That money is extremely important for Ireland in the context of getting people back to work. When it is allocated from the fund, there is no flexibility with regard to how it is used. What is the position in this regard.