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IDA gets back €55m paid to multinational firms in grants

That is according to figures provided by Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar.
In a written Dáil reply to the co-leader of the Social Democrats, Catherine Murphy TD, Mr Varadkar confirmed that the largest annual claw-back of the grants took place in 2011 when the IDA clawed back €18.7m from 11 companies.
This followed the IDA clawing back €12.88m in 2010 from 16 companies as unemployment rates soared.
However, the second lowest annual total occurred in 2019 when a comparatively low €1.68m was clawed back from five companies in 2019 as the economy continued to strengthen.
This followed IDA Ireland seeking a revoking of grants totalling €5.7m in 2018 and €5m in 2017. ....

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IDA claws back almost €55m in grants from companies over 10 years

IDA Ireland has clawed back almost â¬ 55 million in grants from multinational companies over a 10 year period,figures provided by TÃ¡naiste and Minister for Enterprise Leo Varadkar show.
In a written DÃ¡il reply to co-leader of the Social Democrats Catherine Murphy, Mr Varadkar confirmed that the largest annual clawback of the grants took place in 2011 when the IDA clawed back â¬18.7million from 11 companies.
This followed the IDA revoking â¬12.88 million in grants in 2010 from 16 companies as unemployment rates soared.
However, the second lowest annual total occurred in 2019 when just â¬1.68 million was clawed back from five companies as the economy continued to strengthen. ....

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