Commercial rates to be waived for 3 months for business impacted by Covid-19

Galway Bay fm newsroom - Commercial rates are to be waived for three months for business impacted by the Covid-19 pandemic.

The shortfall of 260 million euro on local authorities is to be funded by the Government.

A support package worth over six billion euro has been agreed by Cabinet today.

It includes allowing companies to get a low-interest rate loan to re-open their business.

Finance Minister Paschal Donohoe says he's confident the economy can be re-built...

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Photo - Department of Public Expenditure