Economy – Page 29 – Irish Samachar

Pandemic Unemployment Payment recipients are seen to be declining

AIB to close 15 branches by December this year

Income protection policies are now available at a 10% discount

Ireland to receive €989m from EU Recovery Fund; discussions are currently underway on how the funds will be spent

Dublin Airport loses 250,000 flights due to COVID-19 pandemic

Rents rose 4.5% in all 25 counties in the first quarter

€20.3bn deficit… Government’s Summer Economic Statement provides unfavorable signs

Digital euro may take effect in about four years: European Central Bank

Landlords cannot impose 8% rent increase; President Higgins signs ‘rent-control’ bill into law

Ireland has highest prices for alcoholic and non-alcoholic beverages in EU