Sometimes, desperate times necessitate innovative measures. And four years ago, as the country grappled with the unfolding pandemic, the government rolled out a string of innovations designed to keep people in jobs and companies in business. One of those was the debt warehousing scheme. In the four years since it was launched, a total of €31 billion has been parked in the debt warehouse by 250,000 businesses. The overwhelming majority of it has been paid back, but for the companies that used it, it provided liquidity when they needed it most. It was a scheme that showed the financial power…
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