Written Answers. - Parliamentary Debates - Houses of the Oireachtas

Questions— 14 February 2012. Written Answers
€ billions
3 year Savings Bonds 4.8
5 1 2
year Savings Certificates 4.2
6 year Instalment Savings 0.5
4-10 year National Solidarity Bond 0.6
Deposit Accounts (including Savings Stamps) 2.5
Prize Bonds 1.4
Total 14.0
State Savings constitute part of the overall national debt which is managed by the NTMA.
Ministerial Correspondence
187. Deputy Jack Wall asked the Minister for Education and Skills his comments and views
in relation to a submission (details supplied); and if he will make a statement on the
matter. [7729/12]
Minister for Education and Skills (Deputy Ruairí Quinn): My Department is in receipt of
separate correspondence from the company referred to by the Deputy. My officials have made
contact with the company and will respond to the company in due course.
European Globalisation Fund
188. Deputy Patrick Nulty asked the Minister for Education and Skills the position regarding
the SR Technics European Globalisation Fund funding; the amount of funding that has been
spent; if any funding was left unspent and returned to the EU; and if he will make a statement
on the matter. [7979/12]
200. Deputy Mary Lou McDonald asked the Minister for Education and Skills if he will
confirm the amount, date and to whom European Globalisation Adjustment Fund grants were
disbursed to with regards to SR Technics by his EGF policy and operations. [7651/12]
Minister for Education and Skills (Deputy Ruairí Quinn): I propose to take Questions Nos.
188 and 200 together.
On foot of an application made by the Irish authorities in October 2009 in support of workers
made redundant in 2009 at the SR Technics aircraft maintenance facility at Dublin Airport,
EU funding of €7.45m was subsequently received from the European Globalisation Adjustment
Fund (EGF) in December 2010. Including required matching national funding, a total of
€11.46m was available to fund active labour market measures including guidance, training,
apprenticeship, further and higher education opportunities and enterprise supports, subject to
demand and up-take.
The relevant EGF programme ended on 9 October 2011. The recent EGF review consultation
document circulated by my Department in December 2011 estimated that in the region
of 1,850 supports and interventions were provided to the redundant workers over the period
of this EGF programme. These included grant aid for self-employment and business start ups
from relevant City and County Enterprise boards and EGF training grants administered by
FÁS.
Activity data and relevant management information is currently being gathered and collated
from the relevant service providers by WRC Social and Economic Consultants Ltd., who are
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