Ireland set to receive 1 billion euros from EU Brexit fund - minister

 

FILE PHOTO: Irish Foreign Minister Simon Coveney, speaks to the media after a European general affairs ministers council, in Brussels, Belgium September 22, 2020. REUTERS/Yves Herman

 

DUBLIN (Reuters) - Ireland is set to receive 1.05 billion euros ($1.28 billion) this year from a European Union fund for the countries worst affected by Britain's exit from the European Union, Irish Foreign Minister Simon Coveney said on Tuesday.

 

The first 4.2 billion of the 5.4 billion euro fund is due to be distributed this year and Ireland will receive 25%, subject to approval by EU heads of state and the European Parliament, Coveney said in a Twitter post.

 

"Ireland’s initial proposed share in 2021 is 1.05bn euros, 25% of the fund," Coveney said. "I hope the European Parliament & Council approve as we work through Brexit."

 

Irish state broadcaster RTE reported that the government would apply to use the fund to support its agriculture, food and fisheries sectors.

 

($1 = 0.8195 euros)

 

(Reporting by Conor Humphries; Editing by David Gregorio)

 

-- © Copyright Reuters 2021-01-13

 

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That'll settle the nerves.

That's a lot of Guinness.

how much is Northern Ireland getting from the UK?

22 minutes ago, mackayae said:

That's a lot of Guinness.

 

36 minutes ago, hotchilli said:

That'll settle the nerves.

I put the posts in the correct order.

18 minutes ago, sirineou said:

how much is Northern Ireland getting from the UK?

They got Brexit. You know, everything will get better, no downsides at all. Soon they will party in the streets. Or maybe not?