Isme: Ireland's reliance on multinationals is 'a national emergency'

Isme CEO Neil McDonnell said the Government should treat the issue as a national emergency and take urgent action to strengthen indigenous enterprise. File picture: Fennell's

Irish governments have been “sleepwalking” towards a potential economic crisis by failing to reduce the State’s dependence on foreign direct investment, according to Isme, the representative body for small and medium businesses.

Chief executive Neil McDonnell said the Government should treat the issue as a national emergency and take urgent action to strengthen indigenous enterprise.