Dáil debates

Wednesday, 28 June 2017

European Council: Statements

 

3:35 pm

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

I will return to my question. What was the Government's position on the invitation to the European Investment Bank to examine its role in lending to the European defence industry? Do we have a position on whether the EIB should change its remit, its statutory provisions and its whole business model to include lending for armaments and other defence provisions? Is it concerned that it would lose funding by not being seen as an ethical lender, which is a growing area of international finance? What was the Government's position at the Council? Did we agree to the invitation? What conclusion do we expect and under which mechanism will it be agreed? Will there have to be unanimity to change the European Investment Bank lending brief or will it be by qualified majority voting, QMV?

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