Ireland’s Overdependence on Foreign Investment | Cork News

Cork News Today | 2 Min News | The Daily News Now! · Aug 5, 2026 · 1m

Ireland’s small and medium businesses are sounding the alarm as the country’s heavy reliance on foreign investment threatens economic stability—warning that without urgent action, a sudden shift by multinationals could cripple the economy. Despite year-long lobbying, government inaction persists, with Isme’s CEO Neil McDonnell calling for a national emergency response to boost homegrown firms. He urges policies mirroring Italy’s post-crash success: targeted tax incentives for training and accelerated digitalization. McDonnell also argues the national training fund should prioritize upskilling…