The President of Ennis Chamber says it’s inevitable that Ireland’s economy will feel pain in the coming year.
It comes after the European Central Bank increased interest rates by 0.5%, the forth rate rise since the summer.
The ECB says rates will still have to rise significantly because inflation remains far too high.
Ennis Chamber President and Bank of Ireland Manager, Colin Ryan is hopeful we’ve reached the top of the tree when it comes to financial uncertainty and that investment in green energy will help us weather the storm next year.
Listen back to the full interview here:
