Written answers
Wednesday, 1 February 2017
Department of Health
European Fund for Strategic Infrastructure
Barry Cowen (Offaly, Fianna Fail)
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286. To ask the Minister for Health the potential investment projects his Department put forward to the Department of Finance task force report for the European Fund for Strategic Investments. [4867/17]
Simon Harris (Wicklow, Fine Gael)
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The European Fund for Strategic Investments (EFSI) is a joint initiative of the EIB Group and the European Commission, aimed at mobilising private financing for strategic investments, mainly through loan funding. In Ireland's case, the main potential beneficiaries of EFSI are commercial investment projects (including PPPs), as there is little scope to use EFSI for increased investment by Government due to the need to continue to comply with the requirements of the Stability and Growth Pact. My Department has not submitted any projects for funding under EFSI.
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