Mr. Diarmuid O'Flynn:

I do not think we would have it again, as many of the support structures required have been put in place. Not all of them are in place in that we do not have a European-wide deposit assurance scheme. However, where we are susceptible to a major shock is if interest rates go up. The national debt is still astronomical. We talk about the debt-to-gross domestic product, GDP ratio, but, for Ireland, GDP is not a good measure.