Varadkar PANIC: Ireland dealt huge economic blow as EU issues terrifying forecast

Varadkar PANIC: Ireland dealt huge economic blow as EU issues terrifying forecast

Daily Express - World·2020-05-08 11:01

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The European Commission's latest forecast predicted Ireland's gross domestic product (GDP) would slump by 7.9 percent as the nation plunged in to a "recession of historic proportions", like the rest of the EU, amid the coronavirus crisis. The report said Ireland was "clouded by a higher than usual degree of uncertainty” which is compounded by other issues including Brexit and internal taxation changes as millions of Irish citizens feel the economic bite of the invisible killer disease, which is spreading panic across the globe.

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