US protectionist policies could slash Irish GDP by 3.5%, ESRI warns

US protectionist policies could slash Irish GDP by 3.5%, ESRI warns

A new Economic and Social Research Institute (ESRI) paper published today outlines potentially severe economic consequences for Ireland if the United States implements protectionist trade policies. With President Donald Trump threatening sweeping tariffs on European Union imports, both the ESRI and Central Bank are sounding alarm bells about significant negative impacts on the Irish economy. … Read more

Irish GDP will grow 10% this year, forecast by the investment platform provider Davy

Ireland’s Gross Domestic Product (GDP) will grow 10%, forecasted the investment platform provider Davy. Earlier they had suggested that the growth would be 4.8%. The revision number is increased because of the indigenous economy’s performance which far exceeds than expected before, Davy explained. “The contraction in early 2021 was shallower than we feared, and a … Read more