Mr. Andrew McDowell:

The annual allocations in terms of lending between EU and non-EU countries are decided by our board of directors each year in our corporate operational plan. It also depends on the degree to which we can secure guarantees from the European Commission for some of our lending to the most highest risk countries. For example, it is difficult for us to lend to non-investment grade countries outside of Europe in a way that is consistent with our own triple A rating unless we receive some type of credit guarantees from the European Union budget consistent with past foreign policy objectives. This is probably the biggest constraint. Lending in Europe tends to be quite safe in general. Lending outside of Europe is less safe and there are limits to the amount we can do. To lend outside of Europe to any particular country requires-----