Mr. John Moran:

Mr. Hogan might address the mortgage issue. That would be helpful, as he is closer to it.

As to Ireland, I attended a conference recently where we tried to predict the future. Someone asked the audience of 300 people how many felt they knew what would happen in three years’ time. Not one was able to raise a hand with any degree of certainty. When we asked what they would be doing in six months’ time, a couple of brave souls started raising their hands.

I am positive about where we are heading. We are seeing a rebuilding of confidence in the economy and a clear sign of recovery, both in jobs and the rest of the important indicators.