COVID-19: Central Bank Statement on Essential Services

Article

Irish financial services firms will be aware of the fact that banking and financial services are considered essential services during the COVID-19 pandemic under guidance published by the Department of the Taoiseach on 28 March 2020. 

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COVID-19: The EU Responds

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The European Union has faced various tests in recent years. COVID-19 is testing the EU's responses in both new and well-tried ways. It is useful to take an overview of some of the EU's responses:

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COVID-19: €200m Irish State aid scheme approved by the European Commission

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The European Commission has found a €200m Irish scheme (the Irish Scheme) to support companies affected by the COVID-19 outbreak to be in conformity with the EU's State aid rules. This is consistent with a number of other recent State aid notifications by other Member States (such as Germany, France, UK and Spain) to the European Commission in the context of the COVID-19 outbreak. 

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