Euro zone faces 2% recession, 10% if lockdown lasts – S&P Global
The coronavirus pandemic will push the euro zone and Britain into recession this year, with their economies expected to shrink ...
Read More Central Bank seeks assurance on Covid-19 insurance claims
The Central Bank is to write to the insurance industry setting out how it expects insurance firms to handle the ...
Read More Economy to shrink by at least 7.1% due to virus – ESRI
The economy could contract by over 7% this year and unemployment could soar to around 18% as a result of ...
Read More World markets rally as US agrees $2 trillion stimulus package
After earlier strong gains, European shares were mixed today after an enormous $2 trillion US stimulus package and evidence of moves ...
Read More EU tells banks to be flexible over loan losses rule during epidemic
European banks have the flexibility to avoid a huge rise in provisioning for non-payment of loans during the coronavirus outbreak, ...
Read More Covid-19 unemployment support payments to be increased to €350
The Government is to increase the Covid-19 Pandemic Unemployment Support payment for people who have been laid-off due to the ...
Read More EU to suspend budget rules as ECB relaxes regulations
The European Commission has said the EU would suspend its strict rules on public deficits to allow governments to open ...
Read More Virus hit firms will be able to defer rates payments
Businesses most impacted by the coronavirus outbreak will be able to defer the payment of their commercial rates for three ...
Read More Recession a possibility as a result of virus; Davy
Stockbroker Davy has said the Irish economy could contract in 2020 as a result of the coronavirus pandemic. In a ...
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