Wednesday, 1 February 2017
Department of Foreign Affairs and Trade
236. To ask the Minister for Foreign Affairs and Trade the potential investment projects his Department put forward to the Department of Finance task force report for the European Fund for Strategic Investments. [4866/17]
The Government supported the Commission’s proposal for a European Fund for Strategic Investment (EFSI). The Regulation establishing EFSI was adopted in June 2015. At that time, prior to the wider restructuring of Departmental European Union functions last year, my Department had no role in the matter. Nor was it involved in the Irish contribution to the EU Task Force on Investment that reported in December 2014. That contribution was coordinated by the Department of Finance, working closely with the Department of Public Expenditure and Reform and those other Government Departments having policy responsibility for potential investment projects in specific sectors.