Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

In any event, any letter of intent will be the subject of negotiations. The Deputy should bear with me. I want a colleague to confirm to me what is the technical detail and technical difference, which I will give to the committee in one moment, in order to answer the Deputy's question fully.

Subject to further confirmation, which I will supply to the Deputy before Report Stage, I am informed that the main difference is that a MOU would contain corrective measures of conditionality that would need to be implemented, but a letter of intent would outline how compliance with the eligibility criteria would be met. It would therefore be a letter of commitment from a member state government outlining how it would meet the criteria that would be set for the ECCL in particular.