Dáil debates

Wednesday, 11 October 2006

1:00 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

It remains to be seen whether the directive will break these barriers. Some countries impose conditions of establishment on Irish companies that would be anxious to establish bases in other EU countries and require them to deposit substantial sums of money. I am sure those companies would be willing to speak to the Deputy and other Members. They have found the current position quite prohibitive and regard it as a barrier to establishing in other EU countries. I am willing to work as enthusiastically and proactively as I can to honour the spirit of the directive but it remains to be seen whether it will realise its potential.

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