VAT and similar taxes could fall by up to 6.7 billion euro this year because of Covid-19.
If a vaccine is found in the coming months, the ESRI suggests household spending could fall by nearly 12 per cent.
But if a lockdown's reintroduced for 12 weeks from October, it says household spending would fall by 20 per cent.
Teenager From Greystones Named As One Of The Victims Of Icelandic Car Crash
No Turning Back! — Oisin McConville Secured For 2027 In Massive Wicklow Boost
Pure Magic! 20 Years of Keeping Wicklow Uplands Clean
EU Defence Ministers Descend on Wicklow as Government Pledges €10m More for Ukraine
Old Recording Adds To Intense Concern About Road Safety