Mr. Rob Wright:

The financial sector of any economy is vitally important. I take the Deputy's point that the question arises as to whether people were preoccupied with growth when they should have been preoccupied with prudent management in the financial services sector. It is a fair point. Again, one of the most interesting and potentially useful competitiveness items going forward is the Minister's notion of expanding the availability of credit to a European or German standard for small and medium enterprises. One of the reasons there was a crisis and one of the reasons the Government did act when it had to act is that financial services are absolutely vital to an economy. They have to be well managed and well integrated. I do not think it is one or the other; it is about having a coherent approach that balances those issues.