I want to raise another aspect of the insurance cost issue. It is crippling businesses but it is also causing festivals and community events to be cancelled. I am told from a variety of locations across the country that Christmas markets and festivals are also cancelled or affected by high insurance costs. It was reported the Government has established a cross-departmental committee to compile a report on the potential impact of insurance on Galway 2020, the European Capital of Culture event. Will the Tánaiste confirm if such a review has taken place, as I cannot find any reference to it in the public media? One possible solution to the issue of looking after festivals and community events is to recharge the Irish Public Bodies Mutual Insurance company, a wholly State-owned entity, to provide insurance cover in respect of these events. The Labour Party is exploring this possibility. In the event that it proves a viable move, will the Government look at amending the relevant Act to allow the company in question to do that?

Public liability insurance has been an issue and a problem for many festivals for quite some time. While we have taken a whole series of actions to respond to that, the Government is open all the time to new approaches. The Minister of State, Deputy D’Arcy, is focused on driving down insurance costs, including public liability costs. I am not aware there has been any specific examination of cover for Galway 2020. I will come back to the Deputy on that matter. If the Labour Party has proposals in respect of insurance cover, I will ask the Minister of State, Deputy D’Arcy, to look at them.