Business groups respond to economic recovery package

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The Government's five-stage roadmap and €6.5bn package of new supports to help businesses recover from the Covid-19 crisis has been broadly welcomed by business representative groups.

The Government's five-stage roadmap and €6.5bn package of new supports to help businesses recover from the Covid-19 crisis has been broadly welcomed by representative groups including Ibec, the Small Firms' Association and Chambers Ireland.

CEO of Ibec Danny McCoy stated: "Business has been calling for this roadmap and its publication will greatly assist with a phased, safe and much needed return for businesses which have been closed as a result of the containment measures." But Retail Ireland Director Arnold Dillon said the phased reopening of the economy "must be kept under constant review and earlier reopening facilitated if public health objectives are met within in a shorter timeframe".

"We reiterate our earlier calls to ensure supports like the Wage Subsidy Scheme are extended beyond the June deadline." Retail Excellence said its members "very much welcome the publication of the Government's reopening roadmap. It provides clarity to all retail members as to when they can reopen and re-employ their colleagues."

The Irish Hotels Federation welcomed the additional measures but IHF president Elaina Fitzgerald Kane said they fall short, given the enormous challenges facing Irish tourism.

 

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