Seanad debates

Tuesday, 29 January 2013

Water Services Bill 2013: Committee and Remaining Stages

 

6:35 pm

Photo of Paschal MooneyPaschal Mooney (Fianna Fail) | Oireachtas source

I am grateful to the Minister of State for his reply. What prompted the question is that in recent weeks, the European Investment Bank has provided significant sums of money for upgrading infrastructure, including water pipes. I assume that would also be part of the borrowing. If there was a borrowing requirement, would it come from the EIB or is that in a different context? Would the EIB provide the money or would one have to go to the markets to obtain it?

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