Coveney warns of challenges to maintaining foreign investment here

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US firms reducing capital investment outside North America via IrishTimesBiz

Those words were echoed by Mr Coveney. While FDI remains “well placed” to contribute to the economy here, he warned of “serious global challenges” that threaten Ireland’s economic outlook.

Despite threats of looming economic storms Mr Ricks said Ely Lilly was committed to Ireland, it has been operating here since 1978, and employs 2,700 at two plants in Co Cork.

 

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