Dr. Íde Kearney:

On overheating, the main emphasis we are trying to bring out in this report is the issue about medium-term sustainability. That is related to broadening the tax base. At the point where the economy is at now, it is important the Government does not add to the stimulus. If there is a tax cut, then there should be a complementary expenditure cut. We do not take a view on taxation versus expenditure in terms of the budgetary measures which are taken. However, it is important that on a position like this, we look at the medium-term sustainability of any measures which are taken and to ensure there is no additional stimulus.