Services to create 120,000 jobs

IRELAND’s exports of services are set to rise by between €10 billion and €14bn per annum across the 27 EU nations, thanks to the EU’s Services Directive, according to a leading Irish industry body.

The Irish Exporters Association (IEA) estimated at its annual President’s Lunch in Dublin that the services sector could create 120,000 net new jobs in the decade to 2020.

This performance will be considerably helped by the new directive, in operation since January, which will in time greatly ease trade between EU states.