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is mildly Keynesian, to take off the sharp edges of a no deal Brexit. The main elements of a  €1.2 billion Brexit related package includes €220 million to be deployed immediately. Other measures include:

  1. €650 million for agriculture, enterprise and tourism sectors to assist the regions and populations most affected

  2. €85 million for beef farmers and €6 million for other livestock farmers and the mushroom sectors.

  3. €14 million for the fishing industry

  4. €365 million for extra social protection benefit expenditures

  5. €45 million to assist people transition to new work.

Despite Brexit, the Minister expects a net additional 19,000 jobs to be created. GNP growth is expected to decline from 8.2% in 2018, an estimated 6% in 2019, and perhaps 2% in 2020. But as yet, no recession is forecast. The main Brexit related disruption is expected to be in the beef and dairy sectors.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Oct 8th, 2019 at 04:04:36 PM EST

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