Mr. Neil McDonnell:

For us, there are too many strings attached to the funds that are available. There seems to be fear and apprehension that providing money and liquidity to businesses is going to be money down the drain and wasted. I will take the worst-case scenario from the point of view of the Department of Public Expenditure and Reform, where, for example, a grant of €10,000 goes into a small business that goes under in a couple of weeks. What happens that €10,000? Does it disappear? No, it goes to pay statutory redundancy for people who lose their jobs and to pay other businesses that are owed money by that business. From our point of view, the provisions of grant assistance are too little and are hamstrung by terms and conditions. We need simpler access to liquidity.