Ireland’s Virus Stimulus Is Four Times Bigger Than Germany’s

(Bloomberg) -- The Irish government’s 3.1 billion-euro ($3.5 billion) package to fight the spread of the coronavirus amounts to almost 630 euros per person -- making it four times bigger than Germany’s measures announced through March 9 and 30 times bigger than those of the U.S, according to calculations by Goodbody Stockbrokers. “These amounts are likely to change as the crisis develops, but it clearly shows how serious the Irish government is now taking the issue,” chief economist Dermot O’Leary said.

To contact the reporter on this story: Dara Doyle in Dublin at ddoyle1@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

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