Mr. Ajai Chopra:

I think I said in the ... my written statement that the ECB was particularly hawkish on the fiscal side. They would have liked much more fiscal adjustment up-front. The Commission was driven primarily by the constraints of the SGP rather than the economic requirements of the country, but to their credit, they did, you know ... just before programme discussions were concluded, they did give the green light to extend the excessive deficit procedure deadline to 2015, which was-----