Aughinish sanctions could hurt Europe more than Russia, Taoiseach warns

Government insists sanctions on the Limerick alumina plant could have significant economic consequences across the EU

                The Taoiseach’s comments follow reports of a letter from Aughinish Alumina to the Government that suggested that moves to sanction the company would have consequences for Ireland’s electricity and gas grids. File picture: Dan Linehan

The Taoiseach’s comments follow reports of a letter from Aughinish Alumina to the Government that suggested that moves to sanction the company would have consequences for Ireland’s electricity and gas grids. File picture: Dan Linehan

The Taoiseach has said the Government is not contemplating nationalising the Aughinish Alumina plant, saying it is “too simplistic” to suggest such a move would prevent exports to Russia.

Micheál Martin also said introducing sanctions on the aluminium plant in Co Limerick would likely have a greater impact on the EU than on Russia.

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