Michael Ring (Mayo, Fine Gael) | Oireachtas source

The positive point on that is that it is not many years ago we had the Troika and we were borrowing money from all over Europe. Deputy Ó Cuív is quite correct that we are net contributors to it now and it may stay that way. The Deputy and I, this committee and all at Government level have to make sure that the funding that is in place will be maintained. The €1 billion that is there with the rural regeneration scheme in the 2040 plan is new money. That is on top of the existing budget we have.