Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure IE-2022-7/2409 – measures in Ireland
|Country||Ireland , applies nationwide|
|Time period||Temporary, 10 February 2022 – 31 December 2022|
|Context||COVID-19, War in Ukraine|
|Type||Other initiatives or policies|
Responses to inflation
– Support for other basic items (e.g., food, housing, public transport, medicines)
|Author||Roisin Farelly (IRN Publishing) and Eurofound|
|Measure added||23 May 2022 (updated 09 November 2022)|
In February 2022, the Government announced a number of measures designed to support households against a background of rising cost of living.
The measures were introduced due to the increase in consumer prices, particularly fuel and other energy prices. According to Government, the measures strike a balance between targeting “the main underlying problem – higher energy prices – while operating with the fiscal framework set out in the Summer Economic Statement”.
The measures include:
The Minister for Finance Paschal Donohoe said: “The rate of inflation that we have seen in the past few months has exceeded our expectations, mainly because of higher energy prices. While we expect the inflation rate to moderate from the second quarter of this year, it is nonetheless appropriate to respond to the increase in prices and today we are doing this. When taken in conjunction with the measures announced already, the government package amounts to €505 million, a significant change.”
The Government states in its press statement that:
|Does not apply to workers||Does not apply to businesses||Applies to all citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
ICTU General Secretary Patricia King has said the Government must play their part in protecting the living standards of both employers and workers.
In March, employer group Ibec called on Government to deliver further measures to protect the economy from exceptional energy cost inflation and enhance Ireland’s enhance energy security.
Eurofound (2022), Government launches €505 million cost of living package, measure IE-2022-7/2409 (measures in Ireland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IE-2022-7_2409.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.