Dáil debates

Tuesday, 25 June 2019

Summer Economic Statement 2019: Statements

 

8:20 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The way in which we will handle that issue is by looking at a matter the Deputy raised. I agree with his point that in the event that there is a disorderly Brexit, we would have to mobilise resources to help the country to respond to the consequences and protect key front-line services. The choices the Government could make about the sum of €700 million and the deficit would be driven by the principles of what we could do to protect living standards in a vulnerable time in the economy and society, as well as engaging with stakeholders on the responses needed to deal with this great shock. Up until this point, the engagement we have had with the European Union has been on the flexibility we may need in providing state aid. That has been a key and important area in the engagement.

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