Paschal Donohoe (Dublin Central, Fine Gael)
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First, I will deal with some of the assumptions underpinning the Senator's question. There is no doubt at all that Ireland paid dearly for design flaws in the single currency zone and banking union. The architecture was incomplete and the cost for Ireland was high in dealing with that, but many other decisions were made domestically that had nothing to do with that, which created the environment in which this perfect storm wreaked havoc throughout the country.

Regarding how we are different now, there are probably three factors-----