Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

It is the reality of business. That is the difficulty when you are trying to design a scheme within EU parameters and those relating to the Department. The reality for business is if, for example, a hotel has been redeveloped over the previous three years and the business has that debt and is capable of refinancing it based on normal returns, revenue and trading, that changes because of Covid. It has not incurred the debt because of Covid but is unable to pay it because of Covid. It cannot refinance the debt because it is not covered in that way and it employs 80 or 100 staff who are at risk, notwithstanding the other schemes, which are insufficient to cover that level of financing. From a business and operational perspective, how do we address that?