The Government is insisting Ireland will benefit hugely from the 750 billion euro EU coronavirus recovery package agreed overnight by EU leaders.

Under the deal, Ireland will have to contribute to countries who have been hit hardest by Covid 19.

390 billion of the fund will go to countries in the form of non-repayable grants, and 360 billion in loans.

European Affairs Minister Thomas Byrne says the package will benefit the Irish economy

But Fine Gael MEP Sean Kelly is worried about what the deal means for the agriculture sector.

He says he thought it was going to be a better package across the board.

The CAP budget has been reduced by 35 billion compared to what was promised last May.

While the 15 billion euro in additional funding promised for Pillar II payments has been halved by 7.5 billion euro.

Midwest News will be speaking to Fine Gael local MEP Maria Walsh about the package on our lunchtime news today at 1pm.


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