In regard to the reduction in expenditure, basically, we have three components in our expenditure programmes. Public sector pay and pensions is approximately one third, social welfare is approximately one third and programme costs are approximately one third. We have outlined how we will reduce it by €7 billion on the current side over the next four years. Some €1.2 billion will come from payroll and pension costs, €3 billion from programmes and €2.7 billion from social welfare.

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