Mr. John McCarthy:

It is the balanced budget in structural terms. It has been the goal of the Government's fiscal policy since we corrected the excessive deficit in 2015 to balance the books by 2018. We set out in the budget that we would achieve balance by 2018. The €250 million is slightly less than 0.1% of GDP. That alone would put us slightly off the MTO. It is not something I would be concerned about, given that when assessing this the European Commission gives a little leeway of 0.25% either side of balanced because there is so much uncertainty. That alone would not jeopardise the achievement of a balanced budget this year.