Belfast Telegraph

Money lavished on First Communions despite recession

Despite the prevailing climate of austerity Irish parents are forking out €33m on their children’s First Communions.

On top of the staggering amount, families and friends of the little ones will lavish them with an extra €20 on cash gifts to mark the religious rite of passage.

The figures were compiled by EBS building society proving the First Communion business is a lucrative one despite the current pressures on family budgets.

EBS spokesman told the Irish Daily Star: “Regardless of the economic environment . . . people are determined to stick with the long-standing traditions that have been in place in Irish society.”

Belfast Telegraph

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