Paschal Donohoe (Dublin Central, Fine Gael)

No, not really. The difficulty companies face in scaling up from being medium-sized businesses to becoming very large businesses is a well-documented issue across developed economies. We have that issue in Ireland, as do lots of other economies. The issue of the Stock Exchange is not just an Irish issue. We are seeing stock exchanges all over Europe now begin to see businesses that were registered there move to America and businesses that grow in Europe list in America. This is an issue that is about the size of our equity markets and the fact there are different expectations in America regarding pay and remuneration than there are in Europe. That is all influencing the willingness of companies to decide where they list. As I said, the areas that I believe we can work on to help with the growth of our businesses are about regulation and law. It is about the National Training Fund and our agencies, including Údarás na Gaeltachta.