Mr. Neil McDonnell:

The banks are still being asked to bear an element of risk on this. In the current circumstances that is really difficult. I appreciate there is a fear at Government level of throwing good money after bad. Yet, let us consider the Danish system. It involves giving grant aid to a business based on the remarks from the business's auditor. The reason we have gone with the SME recovery plan and a grant system based on revenue is so that there is State control and that people are not abusing funding. We believe there are good models for the Oireachtas to look at.