The pandemic has had a huge impact on the economy. Picture: PAMinister for Finance Paschal Donohoe said supports to the Irish economy would continue into 2022 - but the pandemic unemployment payment would be examined in June. Around 465,000 people unemployed due to the Covid-19 crisis are receiving payments of up to €350 a week, costing nearly €140million a week currently. However, Mr Donohoe told Newstalk he would be providing “detail in June when we have to make a decision” on pandemic unemployment payments. If Ireland was to continue the supports, the Government “would have to continue to borrow or force changes in taxes,” he added.

Source: Irish Independent March 16, 2021 09:57 UTC