Paschal Mooney (Fianna Fail)

I thank the Minister of State for that very comprehensive reply. Ireland is still drawing down some Structural Funds under the original 2007 to 2013 programme. Has the Government formulated its priorities and set out a plan in anticipation of this funding or will it wait until the money is on the table before it decides on how it will be spent? We are borrowing this money. How does the rate of interest compare with the 3% interest rate that applies to funding under the bailout programme?