Mr. Joe Durkan:

Yes. If they have a potential output growth of 2.5% this might fall to between 1.5% and 2%. The investment has to be made or growth will not happen. The same can be said in answer to Deputy Keating's question. The fundamental risks are risks to investment.

I was also asked about what we should do but I will leave that until the end if that is all right. Deputy Halligan asked how we could influence Britain. In reality, I think we cannot really do that.

We cannot do it. That is done through the diplomatic process. When people meet, they should encourage them to stay in and if the negative side of all this could be highlighted all the time, that would be good.

We have to be careful about the performance of economies outside the EU. Sweden is in the Union and its performance over the past few years has been pretty grim. Norway has an advantage, namely, it has oil, and it has managed to create successfully a fund similar to a venture capital fund-----