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Connacht Tribune

European recovery plan is worth billions to Ireland

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Gerard Kiely, Head of the European Commission’s Representation in Ireland

By Gerard Kiely, Head of the European Commission’s Representation in Ireland

Since the corona virus pandemic struck, Ireland and the EU have taken unprecedented measures to protect lives and livelihoods. The EU supported national efforts to tackle the health crisis and cushion the impact of the massive economic hit. It freed up every available euro in its budget and used every inch of flexibility in its economic rules. This helped finance EU safety nets of €540 billion, including the new SURE instrument, to help people stay in work and to support hard-pressed families and businesses.

Now is the time for our European Union to look ahead and act together to repair the damage, re-start the economy and build a better and more sustainable future for the next generation. No country in Europe, including Ireland, can do this work alone. We must walk the road together. To this end, the European Commission proposed on 27 May a radical and historic € 1.85 trillion recovery plan. At its core is a €750 billion instrument, Next Generation EU, through which the European Commission will use its strong credit rating to raise huge funds on the financial markets and channel them to support recovery in Ireland and across the Europe.

Ireland is in a great position to take advantage of Europe’s new plan. It will benefit directly from the Next Generation EU grants worth almost €2 billion. Just over €1.2 billion will come from a new Recovery and Resilience Facility offering support for investments and reforms in relation to the green and digital transitions, and stronger economic resilience.

For rural communities across Europe, Next Generation EU contains a €15 billion boost for the European Agricultural Fund for Rural Development. For rural Ireland, compared to the Commission’s 2018 proposal, this means an extra €354 million over the next seven years.

To help address the social and economic damage from the crisis, there will be new funding of €132 million for Ireland from a Just Transition Fund to help people re-skill and businesses create and develop new opportunities. Ireland is also set to benefit by €215 million under a new REACT-EU initiative, which can help pay for employment subsidies, short time work schemes and youth employment measures. It can also provide liquidity for cash-strapped businesses.

Over the next few weeks, the plan will be hotly debated, and as always, Ireland will be an influential and effective voice in this debate. As we begin to look ahead, Europe’s new and bold plan shows that the lessons and the suffering of the past have not been forgotten. We must all remember that this is Europe’s moment. We must rise from this crisis in a way that addresses the greatest of all crises – climate change. And we all must work to live up to that challenge for the sake of Europe’s future generation.

Connacht Tribune

Time and history conferred character on this home

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The Hermitage, Ballymoe: on the market with a €425,000 guide price.

The Hermitage at Lisnageeragh, Ballymoe is a property on which time and history has conferred a character that no new property could mirror.

Overlooking 16.3 acres of rolling green fields which are included in the sale, this is indeed a unique house and comes to market with charming well maintained stone buildings. These could provide further family accommodation, holiday rentals or craft studios.

The front hall has a beautiful, curved window and leads to two reception rooms on either side of the house. The sitting room has an open fireplace with a black cast iron surround and wooden floors which gleam from years of care and reflect the light coming from two large windows. To the right-hand side, the dining room also has an attractive bay window and an oil-fired stove and it is indeed the perfect social /entertaining space.

To the rear of the house the kitchen is a classic example of a successful marriage of the old and the new. Bespoke shaker style units combine perfectly with modern recessed lighting, attractive tiling and includes a pantry area to one side. A good-sized bedroom and adjacent bathroom complete the downstairs of the main house.

Upstairs there are four bedrooms one of which has an en suite shower. The main bedroom is a delightful space which leads to another small room, a perfect nursery or walk in wardrobe.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

A time when we learned once more that no man is an island

Francis Farragher

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Country singer Dolly Parton getting the jab: she sang about it and part-funded research on the vaccine.

Country Living with Francis Farragher

One of the oft-repeated pub jokes whenever the price drink was increased, whether it by Finance Ministers or publicans who felt that their margins were being whittled away, was that: “As long as it doesn’t get scarce, we’ll be happy enough.”

Who could have believed though in the first month or two of 2020 that this scenario would unfold (at least in pubs), where the opportunity to meet friends – and the odd ‘auld enemy’ too – over a couple of pints in the local bar would be snatched away from us?

We probably have learned to adapt to the reality of the pandemic and most of us will remember the real sense of fear and constriction that pervaded our every word and action early last year.

2020 was the universal version of ‘annus horribilis’ – the term made famous by Queen Elizabeth in 1992 when royal marriages started to collapse like cards houses in the breeze.

Being of rural stock, I loved the little video earlier this from country music icon, Dolly Parton, who adapted a verse of her famous Jolene song to mark her first shot of the Moderna vaccine (she also donated $1 million to its research) in a very sincere effort to try and encourage the general public to get inoculated.

“Vaccine, vaccine, vaccine, vaccine,

I’m begging of you not to hesitate,

Vaccine, vaccine, vaccine, vaccine,

Cause when you’re dead that’s a bit too late.”

A year before that, times were indeed very strange across Ireland and indeed the world. I remember on the Sunday night before St. Patrick’s Day when a sense of incredulity greeted the news in my own local that ‘a lot of the pubs in Galway city were closing down’. Surely, this couldn’t happen in our own little watering hole in the sticks, but it did.

Michael Karmen’s soundtrack from the Band of Brothers series – a wonder piece of music even to my untrained ear – will always remind me of that early Spring period of lockdown in 2020.

For more, read this week’s Connacht Tribune.

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The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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€4.5m worth of property sold during online event

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This detached house at Seacrest in Knocknacarra attracted a "staggering" level of interest.

More than €4.5 million worth of sales were recorded at the O’Donnellan & Joyce auction last week, where 350 people had pre-registered to bid on the 40 properties which went under the hammer.

80% of the properties sold during the auction or following negotiations immediately afterwards.

Among the properties sold at the auction were:

106 Seacrest, Knocknacarra, Galway. Guiding at €250,000 due to the extent of renovation and upgrade works required, the auctioneers were staggered at the level of interest in this 4-bed detached house.

Siobhra Hennessy, Senior Auction Co-Ordinator, said: “There is an increasing demand for city centre homes in need of repair. Couples want to put their own stamp on a property and often look for properties similar to this.”

Bidding commenced at €250,000 but quickly rose to over €350,000. After intense bidding from a number of internet and telephone bidders, the sale price of €364,000 was reached and the deal was done.

192 Bohermore, Galway. A 2-bed terraced house which attracted great attention, with many enquiries and bidders pre-registering. The house needs complete restoration and modernisation works but obviously appealed to a wide audience. It guided at €120,000, but sold for €179,000, despite the great amount of work required. Again, this is an example of a near-derelict building that offered great potential.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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