Paschal Donohue is in Tullamore today talking about budgetary measures in the face of inflation.
The Minister for Finance believes the burden of energy costs for businesses will be overwhelming without appropriate supports.
Paschal Donohue is responding to Supermacs boss Pat McDonagh's assertion that Ireland is heading for an unprecedented recession which will be in large part due to energy price inflation.
It's after the Barack Obama Plaza in Moneygall was hit with a €50,000 increase in its electricity bill compared to last year.
Speaking in Tullamore this morning, the Minister says the government acknowledges the threat of a recession in the country:
Ploughing Live 2026 Day 1: As It Happened
Over 1,800 People Affected By Power Outage in Laois
Offaly TD Reassures Solar Panel Homeowners Payment Scheme Not Set To Be Scrapped
Sinn Fein Setting Back Irish Unity - Taoiseach
Development Project For Offaly Town Enters Next Stage
Tanaiste Pays Tribute To Midlands Sisters Recovering After M9 Crash
HSE Warning People Over Busy Midlands Emergency Department
Taoiseach Pays Tribute To Ploughing Organisers On 95th Anniversary