Mr. Marco Buti:

That is ... you are correct in this. So the spillovers, let's say, were, let's say, in particular to the rest of the euro area. However, as I explained before, the EFSF and the EFSM going out and borrowing to on-lend to Ireland in a situation on even potentially larger market unrest and even higher interest rates would have been, I think, damaging for Ireland also. So the effects ... so the negative loop from Ireland to the rest of the euro area and back to Ireland, I think, were certainly present in the assessment.