Michael McGrath (Cork South Central, Fianna Fail)
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56. To ask the Minister for Finance when he expects a response from the EU in relation to the application under EU state aid rules for permission to proceed with the Living City initiative; and if he will make a statement on the matter. [18260/14]

Michael Noonan (Limerick City, Fine Gael)
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An application for EU State Aid approval in respect of the Living City Initiative was submitted on 27th March and we look forward to hearing from the European Commission. It is difficult to be certain how long this approval process might take, but in other cases it has been up to a year. The Initiative will also be subject to a commencement order and the exact areas to be included will be decided upon by the Minister for Finance.