Feargal Quinn (Independent)

I add my words to those of Senator John Paul Phelan. There are dangers in Ireland responding too quickly to a need in case it damages our reputation. The steps taken by the Government are attractive but well balanced. It is important from the point of view of the international financial organisations that we do not damage in any way the good name we have established over the years. Other countries have risked their good name but I note the opportunities in the financial services area for large employers to come to Ireland. They will not come if there is a danger of our reputation being damaged. The balance achieved by the Minister of State is worthy of support.