Freeze costing the economy €500m a week, warns expert [Independent.ie]
- Published: 11 January 2010
THE big freeze is costing the economy more than €500m a week, according to a leading economist.
Retailers are taking the biggest hit as consumers avoid the dangerous roads and slush and muck of the high street during what is normally the most lucrative period of the year.
And with more bad weather forecast, the freezing conditions could not come at a worse time as public-sector wages are slashed and visa bills traditionally arrive near the end of the month.
Full Story: www.independent.ie
