5 ms·
Other countries aren't getting it -- afaik that was a possibility regarding fall back mechanisms should their primary argument collapse before this ruling. The
by s_dev 2y ago
Other countries aren't getting it -- afaik that was a possibility regarding fall back mechanisms should their primary argument collapse before this ruling. The EU has won their primary case and thus Ireland must be forced to collect an spend it.
This is will force a political crisis as the government is complaining it has no money to build houses. So all the those comments saying other EU countries just has to sue Ireland to get some of that won't happen.
If Germany gave state aid to Deusche Bank and DB operates in many EU countries it wouldn't make any sense for Spain to get a cut of that if they were forced to hand it back, even if the revenue was generated in other countries by DB this doesn't concern the state aid given.
- jajag 2y ago> This is will force a political crisis no it won't > as the government is complaining it has no money to build houses no it isn't
- sgu999 2y agoI'm not Irish and I'm a lazy reader at this time so I won't search who's right, but the comment you are answering to was way more convincing than yours.
- vonzepp 2y agoI'm Irish and the later is more correct. There isn't going to be a major political crisis over this. Irish corporate taxation is to the Irish electorate what the flag is to Americans. It's quasi religious. The government isn't really blaming lack of money on the housing crisis more they are claiming it takes time.
- bsboxe 2y agoThey're correct on both. The Irish government is running a budget surplus due to massive increases in the corporation tax intake over the last several years. The issue with delivery of housing and projects in this country isn't due to a lack of money, but a lack of capacity. The economy is already running at full capacity and there aren't enough workers available. Throwing more cash at things wouldn't have a material increase in output for several years until supply could ramp up.
- piltdownman 2y agoThe Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027. The government is projecting a headline surplus of €8.6bn (£7.4bn) for this year alone. https://www.bbc.com/news/articles/c88zg586782o https://www.bbc.com/news/articles/c88zg586782o The government couldn't even spend an allocated €1 billion of its housing budget over the last three years. https://www.thejournal.ie/housing-budget-underspend-6038256-Apr2023/ https://www.thejournal.ie/housing-budget-underspend-6038256-... If you were Irish you'd know exactly the issue - a mix between the local planning and rural needs schemes which prevent one-off building in established rural communities, and the farce that is An Bord Pleanála - our Planning Authority. Given our absolute position as a Republic and a Democracy, we have incredible powers for individuals to block major developments. The one in the major Dublin suburb of Dundrum, adjacent the largest shopping Centre in Europe, is just the tip of the iceberg. https://www.independent.ie/podcasts/the-indo-daily/indo-daily-investigates-nimbyism-how-one-developer-is-blocking-the-construction-of-850-new-homes/a853226086.html https://www.independent.ie/podcasts/the-indo-daily/indo-dail...