With prices continuing to rise, inflation hitting a 40-year-high, and the war in Ukraine still raging, the question is: are we facing a recession?
Tanaiste Leo Varadkar insisted that is not the case and said he is confident that Ireland will avoid a recession.
However, he gave an ominous update saying that the cost-of-living squeeze will “feel like a recession” for people who don’t receive a pay rise.
