Paschal Donohoe outlines the three elements of the EU's Covid-19 rescue package

Minister for Finance Paschal Donohoe has said the Government may need limited access to the new European Union Covid-19 rescue package to help fund the wage subsidy scheme and support companies in difficulty.

Mr Donohoe told RTÉ radio’s Morning Ireland that he is resolutely confident the country “can create a new economy” and create new services to recover and move forward, but he cautioned, “we have a journey ahead of us.”