Irish Businesses Face Complex Landscape
Locale: GERMANY, FRANCE, UNITED KINGDOM, IRELAND

Saturday, January 17th, 2026 - Irish businesses are facing a complex and evolving landscape, according to this week's edition of 'The Business.' The program highlighted several key challenges and opportunities, ranging from the implications of a new EU trade deal to the pressures on small and medium-sized enterprises (SMEs) battling persistent inflation and the rise of innovative sustainable solutions.
EU-Australia Trade Deal: A Double-Edged Sword
The recently ratified EU trade agreement with Australia is generating both excitement and apprehension within the Irish business community. While economists, such as [Expert Name] from Trinity College Dublin, acknowledge the potential for increased exports - particularly in sectors like agriculture and tourism - concerns remain about intensified competition. The deal promises new markets for Irish goods, but also exposes domestic businesses to Australian competitors who may operate with different cost structures and regulations. The precise benefits will likely vary significantly by sector, with early analysis suggesting some industries will thrive while others may face significant headwinds. Further scrutiny will be necessary to determine the long-term impact on Ireland's economic balance.
SMEs Under Pressure: Inflationary Headwinds and Government Support
A significant portion of 'The Business' focused on the struggles of Ireland's SMEs. The persistent inflationary environment, which has proven more stubborn than initially anticipated, continues to squeeze businesses' profit margins and restrict cash flow. [Business Owner Name], proprietor of a local bakery, shared firsthand experiences of the difficult decisions forced upon them by rising ingredient costs and increased operational expenses. The program explored the efficacy of government support schemes designed to alleviate these pressures, questioning whether the assistance provided is truly reaching those who need it most and whether it's substantial enough to offset the ongoing challenges. The rising interest rates, intended to curb inflation, are adding another layer of complexity for SMEs, many of whom rely on borrowing to manage their operations.
Innovation Spotlight: Sustainable Packaging Takes Centre Stage
In a more optimistic segment, 'The Business' showcased Irish innovation in the burgeoning field of sustainable packaging. [Company Name], led by CEO [CEO Name], is developing cutting-edge compostable and biodegradable packaging solutions as a direct response to the growing global demand for alternatives to traditional plastics. This segment highlighted a significant shift in consumer preferences and corporate responsibility, with businesses increasingly prioritizing environmentally friendly practices. The company's technology, presented as both commercially viable and ecologically beneficial, demonstrates the potential for Irish businesses to lead the way in developing solutions to global sustainability concerns. The program underscored the potential for export opportunities within this niche market, further boosting Ireland's economy.
Market Update and Economic Data: A Cautious Outlook
The program concluded with a review of the financial markets and the release of recent GDP figures. The Irish stock market performance was analyzed alongside key global economic indicators, painting a picture of cautious optimism tempered by lingering uncertainties. The GDP figures, while showing some growth, were carefully scrutinized for underlying weaknesses and potential red flags. Economists are cautiously assessing the overall health of the Irish economy, recognizing that the recovery remains fragile and vulnerable to external shocks, including further geopolitical instability and potential shifts in global trade policies. The ongoing war in Eastern Europe continues to cast a shadow over the global economic outlook.
Looking Ahead
The overall message from 'The Business' was one of resilience and adaptation. Irish businesses are navigating a challenging environment, facing pressure from international trade deals, inflationary pressures, and the urgent need for sustainable practices. However, the program also highlighted the ingenuity and innovative spirit of Irish entrepreneurs, suggesting that the country is well-positioned to overcome these challenges and capitalize on emerging opportunities. Next week's episode promises further insights and analysis as Ireland continues to chart its economic course.
Read the Full RTE Online Article at:
[ https://www.rte.ie/radio/radio1/the-business/2026/0117/1553613-the-business-saturday-17-january-2026/ ]