Results 1-4 of 4 for 5 million segment:6729864

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Charlie McConalogue: So €5 million of that €25 million would be spare.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael D'Arcy: ...of three years and decided that would be the average term for the loans. Every 1% subsidy the banks get paid, and this is how it would have happened going back to the 1980s and 1990s, is €1.5 million, so instead of it being 2.9% it should be 5.9%. That 3% is close to €5 million per annum. That is where the money is going.

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael D'Arcy: The Minister said in his speech there would be an increase of €1.6 million for Bord Bia. The actual document states that it is €2 million. We are in the territory of a 6% increase, which is not sufficient for Bord Bia's needs. Without the potential of food tariffs being applied in 2019, a standard increase might be fair enough. However, with the value of our exports to the...

Select Committee on Agriculture, Food and the Marine: Estimates for Public Services 2017
Vote 30 - Department of Agriculture, Food and the Marine (Revised) (21 Mar 2017)

Michael D'Arcy: ...war, which now cannot be written out of the conversation. It was not even in the conversation five or six months ago and no analysis has been done. Bord Bia is talking about spending an extra €4 million or €5 million on the beef sector, which is worth €4.5 billion. The potential exists for a catastrophe in the beef sector in two years time. I do not think a...