Mr. Gabriel Makhlouf:

While it depends at the moment when Israel actually writes to us, the intensity of the conflict in Gaza probably puts a question mark over whether the financial viability of the state still remains secure. The fact the European Union has indicated that it is going to look at its co-operation agreement with Israel is a factor. The Israeli finance minister being sanctioned by a number of countries may be another factor. There are a number of factors. At this stage, however, we have not drawn up a list of things we expect to see. Clearly you would expect, in view of what has happened in this conflict, that some impact on the financial affairs of the state would be material. In the end, as we all said earlier, it is for the Israeli state to make the judgment whether it affects its financial standing. We do not make that assessment. I expect it to address that manner.