Michael Creed (Cork North West, Fine Gael) | Oireachtas source

In the opposite case, when members who have an interest in the dairy sector - the overwhelming majority - make a case politically, the Commission sits up. We want to explore the latitude that is available to us under state aid rules de minimis. I acknowledge that a precedent was set by Deputy Brendan Smith and I will not go down the road of what other things he did but he did the right thing in this case. We have put in place a loan scheme and it will be of benefit to the sector. We will launch TAMS. The loan scheme will be launched before the end of the month and we have done knowledge transfer. An issue was raised about a compensation fund and our motion specifically opens the door for further dialogue on that matter.

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