Brendan Howlin (Wexford, Labour)

I do not answer questions that are not my responsibility. I am sure the relevant Minister will answer that. The infrastructure committee of the Cabinet has done a huge amount of work on this issue. It is crystallising proposals now to go to Cabinet on the establishment of the NewERA proposal. The idea is that it is to be a driver of new jobs into the future. That will be announced in due course, but as of now, no decisions have been made in regard to that. Its funding will be announced at the same time.

I am not sure that I should mention a question that is not in front of me, that is, the contents of the memorandum of understanding. The formal memorandum of understanding that was signed off informally today will not be formally signed off until September when it goes to the principals. It has to go to the board of the European Central Bank, the board of the IMF and the European Commission, but the Deputy will find that it will reflect the programme for Government. As I indicated in informal discussions after the last troika negotiations, there is flexibility for us to engage-----

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