Matt Shanahan (Waterford, Independent) | Oireachtas source

I note the EU average liquidity support is 15% of GDP. I understand the Irish Government is signalling €12 billion in liquidity support, but if we deduct the PUP from that, it leaves approximately €7.5 billion, so approximately 2.9%, I think, of GNI. Would the witnesses like to comment on that?

I wish to raise a couple of issues regarding examinership lite. I understand this is under review by the Company Law Review Group. What progress is being made in this area, and what level of support is business getting from Government, the Law Society and the various Departments involved? I ask the witnesses to comment on that.

In that vein, I refer to business costs. I am a business owner. I have run both large and small businesses. Insurance is a significant issue, particularly for the SME community. We are going through the process of looking at insurance reform through the Alliance for Insurance Reform. I think one of the calls is for a Cabinet subcommittee on insurance reform, led by the Taoiseach. I would support that. I ask the witnesses to comment.