Mr. Marco Buti:

It is difficult to tell what the optimal size is. We know the Irish economy at the time was relying very much on the financial sector. This was one of the comparative advantages but we had an oversized banking system which, if I am not mistaken, before the collapse was about 900% of GDP. I think it is being reduced now to about 600% of GDP. I cannot tell whether this is adequate now but before it clearly was excessive.