US firms committed to Ireland - Fitzgerald

Frances Fitzgerald is confident that US companies that have invested in Ireland are here to stay. The European Parliament has been discussing how to react to the US offering huge tax breaks to its industry. The US Inflation Reduction Act is estimated to be worth more than $300 billion. As a result, there are fears that American blue chips in Europe could shift production back across the Atlantic. Former business minister and MEP, Frances Fitzgerald, says US firms in Ireland are here to stay, but attracting new enterprise from overseas may now be more difficult.

 

Out words: Up our game

Dur: 0’21”