Mr. Ronan Hession:

I think urgency is probably overstating it. When the package was announced, which after all was only five weeks ago, it is still reasonably fresh, the immediate priority was to deal with the hybrid mismatches. There is a sense from those who are favourably disposed towards the directive to see things move quickly and not get bogged down. I think the intention from the Commission's point of view is to separate the base out on consolidation to make sure it does not get bogged down in more difficult issues that there can be some progress on the base first of all. It is really very hard to tell. To some extent this is not a policy work stream, it is a very political process. There is a negotiation that has to happen. It depends on the extent to which member states are starting on the same page. Initial indications are some member states are quite negative about it, so we will see how that feeds into the pace.