Thomas Byrne: “I absolutely guarantee you after this legislation passes, we will never hear another word about it again either because…”

The magic of the negotiations that we're trying to effect here is to make sure we have a package where everybody can win, the European Union wins, and therefore the people of Europe win.

I'm absolutely confident we can achieve this by the end of the year because I think we need to, and the reason we need to is because we need to have the funds in place by the 1 January 2028.

Neither does anybody here in Ireland," he said.

It’s crucial because we're talking about member states saying they're paying too much, and one way to bridge that gap is to have [New] Own Resources.