Gerry Horkan (Fianna Fail) | Oireachtas source

In terms of the impact of Brexit, Mr. McDowell referenced that 90% of lending is to the EU and that 160 countries in total have received money from the EIB. Obviously the relationship the EIB may have in future with the United Kingdom as a country depends on how Brexit pans out. How does it work out that it is 90%? What is the barrier to lending more or not lending? Is it that EU countries get priority and if there is a bit left over the bank will lend to others based on criteria? Is there anything to stop the UK from benefitting from the European Investment Bank? Is there a clause that states countries that leave the EU can no longer benefit? Are the criteria more difficult? How does it work?