Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I refer to the Government's plans to give €450 million in State subsidies to private developers to build apartments. The scheme is designed to cater for people in the highest income brackets - the top 15%, according to analysis by the Business Post. Will the Minister tell us whether the provision of €450 million in State subsidies for developers complies with European Union state aid rules? Has the Government applied to the European Commission for an exemption to the state aid rules in respect of the scheme? Why has he announced and launched the plan without an exemption being in place?

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