Michael Noonan (Limerick City, Fine Gael)
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From our perspective the EIB is very well-disposed towards Ireland and it has proven that by improving the flow of funds to Ireland. It has various programmes and we are accessing those programmes now more fruitfully than in the past. It has projects, for example, where instead of the 50% matching requirement in city regeneration one can get up to 60% where a third-level college is being used as the driver and we are looking at the potential of that in certain cities as well. I just want to give the figures. EIB funding has steadily increased year-on-year since 2011. Funding approvals in 2011 were €525 million-----