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Updated / Monday, 26 Apr 2021 16:07 Michael McGrath said the Government will finalise its approach for Covid supports beyond the end of June, when they are due to finish The Minister for Public Expenditure and Reform has said there will be "no abrupt end" to the Covid financial supports. Over the coming weeks, Michael McGrath said the Government will finalise its approach for those supports beyond the end of June, when they are due to finish. The Minister said the Government will be very careful in any decisions it makes and the supports will continue at the full rates at least until the end...

Irish jobs market accelerates as industries prepare for lifting of lockdown restrictions New jobs figures  '); The Irish jobs market has experienced an increase in job vacancies in the first three months of this year as industries prepare for the steady lifting of lockdown restrictions, according to the latest Irish Jobs Index from e-recruitment platform IrishJobs.ie. The index, which analyses quarterly job vacancy data reveals that job postings for Q1 2021, were up 34% when compared to Q4 2020, showing early signs of an accelerated jobs market for the year ahead in line with the ongoing ...

Minister for Finance Pascal Donohoe. “These figures suggest that, while companies have indeed managed to adjust to the realities of the pandemic, this adjustment for many reasons has not been enough to avoid companies experiencing losses,”Mr Makhlouf said. “Policymakers have acted to support vulnerable businesses and, thankfully, the pandemic has not yet been characterised by widespread company failures, owing to the unprecedented level of direct fiscal support and creditor forbearance that is in the system,” he said, while noting the important role the SME sector as a...

Speech Keynote address by Minister Donohoe to Central Bank, ESRI & EIB Webinar 'Enterprise financing and investment in Ireland - tackling the challenges of COVID-19, digitalisation and climate change' INTRODUCTION Thank you to Stephen for your introduction, and to the joint hosts of this webinar, the Central Bank, ESRI and EIB. Thanks to the Kemmy Business School at the University of Limerick for their support of the event. Today I would like to talk to you about the financing of our domestic enterprises and how this links to the Government’s economic response to the pandemic,...

The research also shed light on how effectively SMEs have cut their overheads in the face of a curtailed trading environment, noting that company expenditure fell by 8.5 per cent on average, with 40 per cent of companies cutting their spending. Over 36 per cent of firms made a loss, while another 30 per cent “broke even” in 2020, it said. “These figures suggest that while companies have indeed managed to adjust to the realities of the pandemic, this adjustment for many reasons has not been enough to avoid companies experiencing losses,”Mr Makhlouf said. “Policymakers ...