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Economy forecast to contract by 8% in 2020

Ireland’s economy will contract by 8% in 2020 and expand again by 6% in 2021 as the coronavirus pandemic takes its toll, according ...
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China exports see surprise 3.5% jump in April, imports fall

China’s exports saw a shock 3.5% rise in April despite the global impact of the coronavirus pandemic, official figures showed ...
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Enterprise Ireland announces ‘repayable’ fund for SMEs

Enterprise Ireland has a Business Response Unit, and in these times, it has been busy. Over 1,000 businesses have engaged ...
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Grocery sales up by 17% amid coronavirus crisis

The latest retail data shows that 50% of households in Ireland bought baking supplies in recent weeks, with flour sales ...
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Covid-19 unemployment payment recipients rises to nearly 600,000

There are now 598,000 people dependent on the Covid-19 Pandemic Unemployment Payment, which is up 7,000 in the last week, ...
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Challenging times ahead as mortgage market looks set to be impacted by Covid-19 crisis

New figures from Banking and Payments Federation Ireland show that a total of 8,728 new mortgages worth €1.996 billion were ...
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23% of firms cease trading temporarily due to Covid-19 – CSO

New figures from the Central Statistics Office show that 23.3% of businesses have ceased trading temporarily since the outbreak of ...
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Markets drop on US-China trade war fears

European stock markets and oil prices fell this morning as a spat between top U.S. officials and China over the origin ...
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Residential property sales at lowest level since 2017

The residential property market is now at its lowest level for a first quarter since 2017, while sales in six ...
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