Homegrown firms hit hardest by recession

Irish business has been hit hardest by the country’s recession, official figures revealed today.

Thu, 18 Dec, 2008 - 14:46

Irish business has been hit hardest by the country’s recession, official figures revealed today.

While multinationals have managed to increase profits by €1bn, homegrown firms are suffering the most in the downturn with output shrinking further in the summer.

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