Colm Brophy (Dublin South West, Fine Gael) | Oireachtas source

I acknowledge Mr. McDowell is pressed for time but I have one question, which relates to something we have not discussed. In his opening remarks, he specifically made reference to Brexit and the ownership of the EIB. We are losing a major member state in terms of the ability of the bank to finance the excellent project work he has outlined. Will Brexit mean the UK will leave the EIB structure? If so, what will be the impact of it withdrawing in respect of the bank's ability to provide finance? There have been stark warnings regarding different areas of the EU budget following the loss of the UK's membership in the context of the ability to fund on an ongoing basis. What will be the impact further down the road on the EIB and its ability to fund projects in the remaining 27 member states?