Mr. Aidan Carrigan:

I wish to add a point on the basis of the Minister's statement yesterday evening. He indicated there was still a good deal of uncertainty about the structure of the financial transaction tax, FTT, and that it would be difficult to work out the impact. Ireland's main concern is the competitive impact on the country. It is not really possible to carry out a detailed analysis at the moment because we do not know what will emerge. The Minister remarked that what could emerge could be similar to the stamp duty already in place. We must wait and see.