Mid-sized Irish firms least concerned about economic downturn compared to global peers 

Only 16% of Irish firms have concerns over geopolitical disruption compared to a global average of 43%

Just 24% of Irish companies see the ongoing economic uncertainty as a concern which could impact future growth compared to the average across Europe of 47% and globally 52%.

The Irish business community is among the least concerned about the prospect of economic uncertainty impacting future growth, despite stalling across Europe and potential geopolitical disruption in the months ahead, a report by Grant Thornton has found.

This report comes following the ECB’s decision last week to cut interest rates by 0.25% as inflation continues to slow down.