Mr. Marco Buti:

No, that I would not say. We continued to follow and monitor the Irish economy and the Irish policy making as we have done with other countries. Certainly the fact that this recommendation was not taken seriously was, in retrospect, a mistake. It was a mistake because there was no recognition that fiscal policy could play a more stabilising role. It was not so much the recommendation in each implementation at that particular moment. It was, in a sense, the example of a type of reasoning which would say "We are doing so well, we are in surplus and don't bother us."