Stimulus plan is 'make or break' for Cork firms

Tánaiste Leo Varadkar has promised a "radical" and "far-reaching" set of initiatives for the Government's stimulus plan

This week’s stimulus package will be a case of “make or break” for many businesses, Cork Chamber has warned, while calling on the Government to provide a tailored suite of “extraordinary measures” to avoid more business closures and job losses.

The Chamber said 73% of businesses it has surveyed have reported a decrease in turnover during the second-quarter of the year, with 43% expecting that trend to continue throughout the current quarter.