Ireland to get over €1 billion from EU's Brexit Adjustment Reserve

January 12, 2021 10:20 pm
Ireland is to get €1.05 billion under the EU’s Brexit Adjustment Reserve – which amounts to 25% of the fund that will be available this year, Minister for Foreign Affairs Simon Coveney has confirmed.
Speaking at the North Tipperary Irish Farmers’ Association (IFA) county executive annual general meeting this evening (Tuesday, January 12), the minister revealed that the news had just come through from Europe.
The minister attended the virtual IFA AGM after being asked by local Tipperary Senator Garret Ahearn and North Tipperary IFA chairwoman Imelda Walsh.
Minister Coveney stated that the reserve will have €5.4 billion in funding overall, €4.2 billion of which will be available this year. The funding allocated to Irish agriculture will now be “a matter for government”, he added.

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