Ireland unveils additional business support measures
The Irish government approved on Saturday additional measures, worth €6.5 billion, aimed at supporting the country’s businesses through the coronavirus crisis.
The measures include a three-month write-off of commercial rates, €2 billion in guaranteed loans for small and medium businesses. An additional €2 billion will be made available to larger companies through the country’s sovereign fund.
“Today the Government has now agreed further supports to rebuild jobs and rebuild businesses as our public health guidance changes,” Finance Minister Paschal Donohoe (pictured) said in a statement.
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