Michael McGrath (Cork South Central, Fianna Fail)
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My final question is about the bank in general. I hope the bank has a viable future. I know that Mr. Masding and his team are working very hard to ensure this. The restructuring plan is still being considered by the European Commission, the bank is laden down with very high levels of mortgage arrears, it has a lot of tracker customers haemorrhaging losses from the point of view of the bank and it is facing very stringent stress tests by the ECB over the coming months. Has the bank a viable future and is Mr. Masding confident that it will come through the stress tests without the need for additional capital from the taxpayer?