Dr. Kieran McQuinn:

There will be, say, €6 billion in the fund by the end of this year and, possibly, another €4 billion by the end of next year so then the questions are when do we use it and what do we use it on. We have made the point in our statement about the fiscal rules.

I know that the Irish Fiscal Advisory Council has made the following point in a paper it released on this issue a couple of years ago. How does the fund feed into the spending rules? Can the €10 billion or some part of it, be used? Would the money be used as part of the calculation, as part of the spending rules that are outlined in the fiscal rules? That is unclear at this point in time. Those are the kind of issues that need to be drawn out. For example, can a chunk of that funding be used for some specific reason and would it be compatible with the fiscal rules, which are being reformed at present?