Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I also described that if there was a definitive revenue flow coming from fares on a metro, it would be possible to construct something that would acceptable to EUROSTAT in terms of going off-balance sheet and we are working on that. I hope to be in Luxembourg at a meeting, chaired by the president of the EIB, specifically about Irish-related investment projects around mid-May. I hope we will get an agreement there that the EIB will evaluate a series of projects and cross-check them with EUROSTAT because there is no point in going down the road if we get stopped later. I am hopeful that progress will be made in that direction.