EU see larger Irish economic hit from Covid-19 than first thought

The EU doesn’t make specific forecasts for Irish unemployment, but projects prices here will fall 0.2% this year and grow by only 0.8% in 2021. Picture: Sam Boal/ Photocall Ireland

Ireland's economy will endure a harder downturn this year along with the rest of Europe than thought at the start of the Covid-19 crisis but will stage some sort of rebound in 2021, according to the latest EU forecasts.