Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

This is a reality the Minister must deal with. This is something this State must deal with if it does not meet the market corporation test. Does the Minister believe that it will meet the market corporation test and does he believe that the reported remarks of representatives of the European Commission are not true? It was reported heavily last week that this is the line taken by the European Commission, that it is counting this €130 million as a direct transfer from the Exchequer. This is not off-balance sheet. It counts this as State funding to Irish Water. Has the Minister had an exchange with the European Commission in the past week on this matter?

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