Maurice Quinlivan (Limerick City, Sinn Fein)
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I wish to ask about the US Inflation Reduction Act, how it impacts Europe, what the EU response should be and how it should be managed. There has been a lot of talk recently about selective relaxation of EU state aid rules, but we know that such relaxation puts Ireland and other smaller states at a competitive disadvantage and undermines the Single Market. We saw this when larger EU states relaxed state aid rules due to the war in Ukraine and the energy crisis. Larger states subsidised their industries more extensively than we were able to. Does the Department have any ideas about how these matters should be approached?