The Irish Exporters Association has welcomed the decision of the Government to launch a new €250 million subsidy scheme to protect over 27,000 jobs in the industry.
The Employment Subsidy Scheme (Temporary) will provide a subsidy of €9,100 per worker over 15 months. It will be aimed at exporting companies in the manufacturing or internationally traded services sectors. Business groups have broadly welcomed the plan.
The chief executive of the IEA John Whelan feels that the subsidy is a ‘positive first move’, but stressed that the export industry needed a lot more funding to survive, Irish Trucker informs.