Written answers
Thursday, 16 November 2017
Department of Jobs, Enterprise and Innovation
Brexit Issues
Niall Collins (Limerick County, Fianna Fail)
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51. To ask the Minister for Jobs, Enterprise and Innovation the reason the EU Director General of Competition did not approve the proposed plan she put forward for a rescue and restructure scheme for businesses impacted by Brexit following her meeting with Commissioner Vestager in November 2017; the reasons the EU Director General of Competition and the Commissioner decided not to approve the scheme at this point in time; the specific reasons for same; and if state aid rules issues were raised. [48617/17]
Frances Fitzgerald (Dublin Mid West, Fine Gael)
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A Rescue and Restructure scheme was recently notified to the Directorate General for Competition (DG Comp) as a contingency measure in response to Brexit.
This scheme is working its way through the normal approval channels within DG Comp and we have not been advised that any issue has arisen in regards to this standard approval process.
My Officials expect that this scheme will be approved shortly.
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