Dr. Seán Healy:

First, EUROSTAT data are showing that Ireland's current level of investment is the lowest we have ever recorded for any EU country since they started collecting comparable data. Therefore, we have a very low level of investment in the country. Second, Ireland's net worth has declined dramatically. The new figures that are now being collected by the CSO show that Ireland's net worth fell by €124 billion in recent years and almost 40% of that is due to money that we had to pay to banks. Third, there has been a decline in domestic demand, which has continued every single year.