Ireland’s economy faces significant challenges due to the potential continuation of U.S. tariffs on European Union imports. The Irish Department of Finance projects that maintaining a 10% tariff could reduce the nation’s Gross Domestic Product (GDP) by 1.5 percentage points in 2026. This downturn would also affect the domestic economy and employment growth, with an estimated 25,000 fewer jobs by …
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Taoiseach Micheál Martin has reaffirmed that Ireland’s top priority is safeguarding jobs and economic stability, expressing confidence that the country will overcome the challenges posed by new US import tariffs. His comments came after US President Donald Trump announced a 20% levy on EU imports, igniting concern across European capitals and especially in Ireland due to the country’s heavy reliance …
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Starting tomorrow, the minimum wage will rise by 80 cents to €13.50 per hour, benefiting around 195,000 workers. However, many small businesses are expressing concerns that this increase, part of a series of rising costs, will ultimately result in higher prices for consumers. Mark O’Keeffe, who owns the Brown Sugar hair salons in Dublin, highlighted that the minimum wage has …
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The Daily Star Ireland