Dáil debates

Thursday, 27 June 2019

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Brexit Supports

10:50 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

I have not received any complaint about the Brexit loan scheme. I have met the heads of the three pillar banks and explained to them how important the scheme is. They are rolling it out through their own offices. Again, if there are issues with the scheme, I ask Deputies to bring them to my attention.

There is a €200,000 rescue and restructuring scheme available. I have met the Commissioner for Competition, Commissioner Vestager. My officials are in constant contact with her about the technical working group that was set up to deal with Brexit and she has said she stands ready with a rapid response team to help Ireland in whatever Brexit scenario may unfold. The Minister for Finance made it very clear in the summer economic statement that we were taking prudent decisions in the context of Brexit and that there was a need to support industry in the event that there was a hard Brexit.

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