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Unemployment rate jumps to record high of 28.2% in April – CSO

The unemployment rate for April, as measured by the Covid-19 adjusted measure, jumped to a new record high of 28.2%, ...
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€240 billion in low-cost credit for eurozone member states approved

Eurozone ministers have formally approved €240 billion in credit lines to help European countries meet the crippling costs of fighting ...
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Demand for bank loans falls sharply amid virus crisis – Central Bank

New research from the Central Bank shows that demand for bank loans has fallen sharply.   The study, published on ...
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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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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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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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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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