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Mixed reaction from businesses to July Stimulus plan

Representative groups and businesses have been reacting to the July Stimulus package, agreed by the Cabinet this afternoon. The €5bn package of 50 new measures is aimed at saving businesses and jobs amid the Covid-19 pandemic. SMEs SME Recovery Ireland has welcomed some elements of the plan, but described the overall package as "lacking in scale and ambition" and a "missed opportunity" to pump much needed confidence back into Ireland's SME sector.

Chair of SME Recovery Ireland, John Moran said the plan incorporates some of the measures the group has been calling for in recent weeks. "It has recognised the key role SME’s will play in the recovery and the need to protect them in as far as it includes a more robust grant scheme, an extended

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