Tánaiste confirms work to finalise Cork event centre funding is ongoing

Work to finalise the complex funding arrangements for the stalled Cork event centre is still ongoing, the Tánaiste has confirmed.

Just days after calls from the city’s business leaders, hoteliers and publicans for “certainty, accountability and meaningful communication” on the controversial project, Simon Coveney said legal advice on the increased State-aid, upped from €20m to €30m, including the contentious €9m repayable loan element is awaited.