Martin calling for more details on EU recovery proposal at Brussels summit

17 of July, 2020
Filed under: Latest News

Taoiseach Micheál Martin has said that Ireland will make their own contribution to the “own resources” aspects of the €750bn Covid-19 recovery fund.

Speaking in Brussels ahead of an EU summit, Mr Martin said Europe needs to give far more detailed consideration to other “own resources” proposals, including for example a digital tax.

“The full implications of that at a time of such unprecedented economic upheaval needs to be thoroughly examined until someone commits to that,” he said.

“We will not be support that at this meeting, as essentially we need to know the consequences of such measures.”

Mr Martin said an awful lot more work needs to be done at a European level to flesh it out.

He added that, because Europe has taken such a hit economically, “we do not want to do anything that would create further hits or further unintended consequences”.
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