Seanad debates
Thursday, 3 June 2010
European Globalisation Adjustment Fund
I note that as a sum of €22 million was achieved for the Dell workers and the region affected, a precedent has been set. The losses within Quinn Insurance in my region are the equivalent to the losses in Dell in the Limerick region. Proportionately, they are the same. The case is the same and my region fits all the criteria. While I acknowledge that a domestic contribution must be made, it would be well paid for in the tax take from economic activity in the region and lateral activity arising therefrom. Moreover, the consequences of not doing so would be more expensive.
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