DUBLIN — Ireland’s economy could recover “quite strongly” from pandemic-related curbs in 2021, but employment is unlikely to bounce back for at least two years, according to the state-funded Economic and Social Research Institute (ESRI). In a report published on Thursday, the ESRI cut its earlier 2021 gross domestic product (GDP) growth forecast from 5.2 per cent to 4.4 per cent, citing the likely impact of Ireland’s ongoing third lockdown, which was imposed in late December. The ESRI said the revised projection assumes “a gradual easing of restrictions” from next month and that Covid-19 jabs “will facilitate the broad relaxation of public health restrictions in the second half of 2021.” Ireland’s economy grew by 3.4 per cent in 2020 on the back of record exports in multinational-heavy sectors that have thrived during the pandemic.
DUBLIN — Ireland’s imports from Britain fell by 65 per cent in January after the British departure from the European Union led to more complicated trade with its nearest neighbour. Ireland’s Central Statistics Office (CSO) said on Thursday that imports from Britain fell 906 million euros (1.08 billion dollars) year-on-year to less than half a billion euros. Ireland usually sources around one-fifth of its goods imports from Britain, though the EU and the US account for most of the country’s overall trade. Irish exports to Britain saw a much smaller decline compared to imports of 14 per cent, the CSO said, to make up 7 per cent of the January total. Irish exports to Britain fell by almost 10 per cent in 2020.
DUBLIN — Ireland’s gross domestic product (GDP) grew by an estimated 3.4 per cent last year, according to the Central Statistics Office (CSO), an expansion driven by foreign business and exports but coming as domestic output shrank. “Multinational sector growth was 18.2 per cent in 2020 while non-MNE [multinational enterprise]-dominated sectors declined by 9.5 per cent,” the CSO said on Friday. Ireland reported a record 160.8 billion euros (198 billion dollars) in goods exports last year, but businesses geared towards the small domestic market “experienced significantly lower levels of economic activity,” according to the CSO’s Jennifer Banim, with hotels, restaurants and construction hit hard as personal spending fell by 9 per cent. US multinationals in sectors that have enjoyed surging global demand during the pandemic, including pharmaceuticals and big tech, have European headquarters in Ireland – drawn by low taxes and EU membership. Amazon and Microsoft were among the American corporate giants to announce expansions in Ireland last year. According to Finance Minister Pascal Donohoe, “the pharma and ICT sectors recorded extraordinary export growth, driven by blockbuster immunological drugs, Covid related products, and the shift to home-working.”
DUBLIN — The Irish Human Rights and Equality Commission (IHREC) on Thursday accused the government of having “persistently blurred the boundary between legal requirements and public health guidance in its Covid-19 response.” In a report co-authored with academics from Trinity College Dublin, the commission said though “core pandemic measures” were “generally proportionate and justified in light of the scale of the public health emergency,” parliamentary oversight was “lacking.” The National Public Health Emergency Team (Nphet), a once-obscure advisory body that has become a household name in the wake of the pandemic, has acted as “de facto decision maker,” the commission reported, leading to the risk that public health advice “captures the whole decision-making process.”
DUBLIN — Almost two months into Ireland’s third coronavirus lockdown, Prime Minister Micheál Martin said the country “is looking at a continuation of severe restrictions” until the end of April, despite case numbers plummeting since a January peak. Martin made the warning in a late-night Thursday interview with the Irish Mirror newspaper, in which he said extending the lockdown would be “worth it.” Mary Lou McDonald, leader of Sinn Féin, Ireland’s main opposition party, slammed Martin’s comments as “flippant.” Peadar Tóibīn, head the small opposition party Aontú, said the government’s proposed extension amounted to “policy failure.”
DUBLIN — Ireland’s goods exports were worth an unprecedented 160.8 billion euros (196 billion US dollars) last year, a new record underpinned by surging sales of medical and pharmaceutical products during the novel coronavirus pandemic. Estimates published by the Central Statistics Office (CSO) showed “medical and pharmaceutical products making up 39 per cent of 2020 goods exports, a value increase of 25 per cent on 2019.” Exports to the 26 other member states of the European Union accounted for 40 per cent the 2020 total, the CSO said, an increase of 13 per cent on 2019. Belgium and Germany were Ireland’s two biggest markets in the EU. Exports to Britain, Ireland’s nearest neighbour, fell by 9 per cent during 2020 and made up 8 per cent of the year’s overall amount. After Britain left the EU in early 2020, an increasing proportion of Ireland’s exports to the continent ended up being shipped directly rather than transiting Britain, with ferry companies in some cases doubling cargo sailings from Ireland to France.
DUBLIN — Ireland’s third lockdown has seen unemployment jump to 25 per cent in January, a 5.6 percentage point increase on December’s revised 19.4 per cent. The government’s Central Statistics Office (CSO) said on Wednesday that “the Covid-19 crisis has continued to have a significant impact on the labour market in Ireland.” A second pandemic-related lockdown ended in early December after six weeks, only for a third national lockdown to be enforced at the end of the month after virus case numbers rose again. Businesses that reopened during the brief inter-lockdown period, such as restaurants, were compelled to close again.
DUBLIN — Almost half of Ireland’s coronavirus-related fatalities have been in nursing homes, the parliamentary health committee heard on Tuesday. Health Department official Kathleen MacLellan told members of the Dáil, or parliament, that “1,543 people have lost their lives to Covid-19 in nursing homes, 369 of these in the past month.” By Tuesday morning Ireland’s Department of Health had reported 3,317 “probable and possible” Covid-related deaths, one-third of which were recorded in January. Covid-19 is the respiratory disease sometimes caused by the novel coronavirus. Of the almost 200,000 cases of the novel coronavirus reported since the first positive test almost one year ago, more than half were recorded last month, when Ireland was for a time recording the most cases per million of any country in Europe.
DUBLIN – Over 70 per cent of Irish people back the European Union’s handling of the novel coronavirus pandemic and vaccination roll-out, the highest rating of any of the bloc’s 27 member states, according to a new EU survey. The European Commission office in Ireland said on Wednesday that the survey, which was carried out last month by Eurobarometer, a part of the Commission, showed “strong approval in Ireland for the way the EU has responded to the Covid-19 pandemic.” Seventy-two per cent of the Irish surveyed said they were either “very satisfied” or “fairly satisfied” with “the way the EU has responded to the Covid-19.” The average across the EU’s 450 million people was 44 per cent, with Czechs the least happy with the EU’s response. In Germany and France, the two most powerful member states, satisfaction with the EU’s response reached 45 per cent and 36 per cent respectively.
DUBLIN — Ireland’s head of government Micheál Martin on Wednesday apologised on behalf of the state to former residents of so-called mother and baby homes for “unforgivable” treatment spanning nearly 8 decades. Citing a “profound generational wrong” inflicted on unmarried mothers and their children, Martin, Ireland’s Taoiseach, or Prime Minister, apologised “for the shame and stigma they were subjected to.” Martin’s statement to Ireland’s parliament came one day after the publication of findings by the Commission of Investigation into Mother and Baby Homes. The almost 3000-pages-long report outlined a “very high rate of infant mortality” in the homes, which housed “about 56,000 unmarried mothers and about 57,000 children.”