€200 energy credit in March will go ahead despite ECB call to axe it

Micheál Martin said that the call from ECB boss Christine Lagarde “won’t affect the March payment” but said the Government must look to intervene next winter should inflation rates require it

Tánaiste Micheál Martin has said the third payment since October will proceed despite the ECB calling for Ireland to end the payments as the wholesale cost of energy has fallen sharply.

The Government’s roll-out of €200 energy credits in March will proceed, despite calls from the European Central Bank (ECB) for Ireland to axe them.

Tánaiste Micheál Martin has said the third payment since October will proceed despite the ECB calling for Ireland to end the payments as the wholesale cost of energy has fallen sharply.