Irish central bank predicts record unemployment, 8.3% GDP fall
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DUBLIN (Reuters) - Ireland's central bank said on Friday the shock to the economy from the coronavirus pandemic could be greater than in any year of the financial crisis as a record collapse in services sector activity demonstrated the speed of the decline.Unable to make a conventional forecast without knowing how long the crisis will last, or the economic toll it will take, the bank estimated that gross domestic product could fall by 8.3% in 2020 if current containment measures last three..