Finally, it does not facilitate the establishment of a growth strategy based on the aggregate position of the euro area, the systemic risks associated with national fragilities and interaction between these various levels. 12 To sum up, maintaining this approach would condemn us to a future of low growth and repeated crises.
Small and Medium Enterprises (SMEs) in Ireland While our event today will touch on issues relating both to SMEs and larger corporate businesses, I will focus my remarks on the SME sector. We are all aware of the enormous impact COVID-19 has had on our societies and our economies.