The Government this week announced a €2.25 billion Stimulus Package
for various projects that are ready to proceed across the areas of
Education, Health, Justice and Transport. This is as a result of the
European Council agreeing to bolster the capital resources of the
European Investment Bank to provide new infrastructure financing in
the regions that need it most.
This investment in public infrastructure is part of the Government’s
commitment to solve the unemployment crisis with up to 13,000 jobs
expected to be generated. Of course, this alone won’t solve the jobs
crisis but is a step in the right direction.