Mr. Phil Hogan:

I thank the members for the questions and will go through a few of the matters that arise. The budgetary situation post-Brexit is an issue. The UK is a net contributor to the EU budget to the tune of €11 billion. In the absence of member states providing another source of income to the European Commission and the institutions in order that they might deliver programmes, there will be reductions in expenditure to the value of €11 billion across all the various programmes. What will happen in the negotiations in 2019 will determine what level of funding will be given out of the smaller pot to the various programmes.