Paschal Donohoe: Dire Central Bank prediction 'confirmed what businesses already know'

Finance Minister Pascal Donohoe has said a Central Bank forecast predicting a €22 billion hole in Irish finances this year “confirmed what business already know”.

Finance Minister Pascal Donohoe has said a Central Bank forecast predicting a €22bn hole in Irish finances this year “confirmed what business already know”.

“In the darkest of days, these changes would have taken a year to happen – it has happened in just days.