Mr. Fergal O'Brien:

It is going to have to involve grant packages in some shape or form. A CRSS-type scheme or something similar is a potential model but support cannot all be in the form of loans. Businesses are facing absolutely exceptional costs, way beyond any element of medium- to long-term profitability that could support them. Loans on their own will not be sufficient to get businesses through this. We are going to need a mixture of grant payments similar to what we did through Covid and loan schemes. The really important issue here is that we are working to design schemes through that state-aid package which predominantly focused on the export economy but we also have to help the indigenous sector.