Tuesday June 2, 2020

EU must provide cheap money to help members stay afloat

The government here will have to spend more cash to shore up our economy in this crisis, but all countries need to access the fiscal firepower of the eurozone to avoid collapse

Ian Guider

Markets Editor

@ianguider
29th March, 2020
Unemployment, which peaked at 15 per cent during the last economic crisis a decade ago, might easily hit 18 per cent in the next three month

It was the sober analysis of the ESRI that spelled out clearly for the first time the damage that the spread of Covid-19, and any failure to deal with it, could wreak on the Irish economy.

Unemployment, which peaked at 15 per cent during the last economic crisis a decade ago, might easily hit 18 per cent in the next three months. If it did, investment, which includes everything from building activity to foreign companies,...

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