Cormac Devlin (Dún Laoghaire, Fianna Fail) | Oireachtas source

Mr. Makhlouf and Mr. O'Connor are very welcome. I have three questions for Mr. Makhlouf. The Central Bank's quarter 3 bulletin shows the bank's anticipation of a 9% contraction in GDP for 2020 but a return to growth of 5.7% next year. My first question is on whether Mr. Makhlouf, as Governor, considered the impact of a potential second wave on the stability of the financial system. Has stress-testing been done for the banks? Is Mr. Makhlouf satisfied that they have robust capital reserves?