Batt O'Keeffe (Cork North West, Fianna Fail)

The review group met in November and December last and another meeting is due. In the interim I have asked Enterprise Ireland to work with the banks. We are looking, for instance, at mechanisms that can be used by the banks to make use of the funds that are available under the European Investment Fund. That is also subject to review. I cannot give a date when the review will be completed. The updated figures will be reviewed by the committee at its next meeting and we will then have a more detailed report. After that, we will have to go back to Government with whatever recommendations emanate from that. It was the Government which put this review process in place.

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