Mr. Patrick O'Sullivan:

The European Investment Fund has already provided guarantees to the tune of over €50 billion. I do not want to mislead the Senator or anybody else around the table here. There is an adjustment required in the current rules attached to the European Investment Fund. As I mentioned earlier, this adjustment was supported in 2016 by the former President of the European Parliament, Martin Schulz, who will very likely be in partnership government with Angela Merkel in Germany in September. Mr. Schulz is the current leader of the main opposition party there. When the recently elected President of France, meanwhile, was Minister for Economics in the last government-----