Barry Cowen (Laois-Offaly, Fianna Fail) | Oireachtas source

I seek an update as to when EUROSTAT will come back to the Government with its proposals as to the funding model for Irish Water. I am conscious that the Government has based its plan on the premise that it will get the spending associated with Irish Water off-balance-sheet. The CSO recently adjudicated that it should be on-balance-sheet. The Government is paying 1.5 percentage points over the rate the NTMA is paying for borrowing on a regular basis.

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