Ibec calls for €26bn package to stop businesses going under
Suggested measures include zero-interest loans, tax deferrals and commercial rent support to enable faster recovery after Covid-19 pandemic
The government needs to provide more than €26 billion in liquidity to the Irish economy through a series of guarantees, loans and other supports to prevent a “significant spike” in businesses going bust over the coming months, Ibec has warned.
The business representative body today unveiled a detailed package of measures that it said were needed to provide emergency cashflow to ailing businesses.
If implemented, the measures would give businesses a six-month exemption...
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