Dáil debates

Thursday, 14 May 2015

10:30 am

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael) | Oireachtas source

Absolutely. The arrangements between farmer and purchaser are flexible. As long as we receive the lump sum each year, we will be repaid. Let us be clear: my Department has to pay the Commission in full this year, but we are to get our money back in the next three years. Co-operatives should be talking to their members, as they are, about how best to manage cash flow so as not to cause difficulties for foreigners. There is the flexibility about which the Deputy is talking.

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