Rolling lockdowns risk inflicting permanent damage

Lockdowns would also test the limits of fiscal policy to continue providing high levels of support to the economy

A very quiet Patrick’s Street in Cork during the first week of Level 5 restrictions. Picture: Dan Linehan

Countries across Europe are increasing restrictions to try and contain the second wave of Coronavirus, but to date, only Wales and Ireland have gone as far as re-imposing national lockdowns. 

The Welsh Government has introduced a two-week ‘fire-break’ lockdown, but the Irish government has gone further with a six-week lockdown, even though the second wave in Ireland is not particularly virulent compared to elsewhere in Europe.