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Dublin: 14 °C Monday 20 May, 2019

#Irish Economy

From TheJournal.ie Noonan says Irish economy could "take off like a rocket" Optimism

Noonan says Irish economy could "take off like a rocket"

Ireland’s economy has become more competitive, the finance minister says, and is ready to take advantage of any good turn.

From TheJournal.ie Irish exports recover in January to follow record trade surplus Trade

Irish exports recover in January to follow record trade surplus

CSO figures show that the trade surplus reached €3.25 billion in January, while the confirmed figures for 2011 are the best ever.

From TheJournal.ie Central Bank issues warning on investment firms Watch Out

Central Bank issues warning on investment firms

Two investment firms have been offering services in Ireland – despite not being authorised to do so.

Riverdance bids farewell to US

After 16 years Riverdance will end its US tour in June. The final St Patrick’s Day performance will take place in Chicago this weekend.

From TheJournal.ie Ireland will outperform eurozone despite dip in exports - Ulster Bank Mini Budget

Ireland will outperform eurozone despite dip in exports - Ulster Bank

Ulster Bank also says we could be presented with the need for a mini-Budget, but advises against introducing one.

From TheJournal.ie Retail sales dip in January compared to last year Retail

Retail sales dip in January compared to last year

The value of retail sales was down by 3.7 per cent compared to December, but by 0.3 per cent compared to January 2011.

From TheJournal.ie Construction company CRH made profit of €700 million in 2011 What Recession?

Construction company CRH made profit of €700 million in 2011

The buildings material company bucked the trend in the construction sector by reporting big increases in profit and revenue.

From TheJournal.ie JobBridge has provided 5,000 internships since its launch - Taoiseach Back To Work

JobBridge has provided 5,000 internships since its launch - Taoiseach

The government’s National Internship Scheme, launched last June, aims to give workplace experience to people on the live register.

From TheJournal.ie Central Bank appoints new Chief Economist New Job

Central Bank appoints new Chief Economist

Lars Frisell, who previously worked for the European Central Bank, will take up the role in June.

From TheJournal.ie Irish agriculture had 8th-highest growth rate in the EU last year Good News

Irish agriculture had 8th-highest growth rate in the EU last year

The sector produced over €6.2 billion worth of goods in 2011 with big increases in cereals, cattle and milk output.

From TheJournal.ie ESRI: Austerity is working - and there are few other alternatives Economy

ESRI: Austerity is working - and there are few other alternatives

In a report published today, the think-tank forecast that Ireland’s economy will grow by 0.9 per cent this year.

From TheJournal.ie Cost of living fell by 0.5 per cent in January Deflation

Cost of living fell by 0.5 per cent in January

You might’nt have noticed, but technically you got a pay rise – though the cost of living is still 2.2 per cent higher than last year.

From TheJournal.ie Convenience store chain to create 150 new jobs Jobs

Convenience store chain to create 150 new jobs

Centra has announced it is to invest €10 million in new store openings in Ireland this year.

From TheJournal.ie The 9 at 9: Friday 9 At 9

The 9 at 9: Friday

Nine things you need to know by 9am: Enda Kenny’s American positivity, government’s defence on barracks closures, and Twitter promises to tighten up privacy.

From TheJournal.ie More than half of loans to hotels and restaurants are in trouble Economy

More than half of loans to hotels and restaurants are in trouble

New figures from the Central Bank show that almost one third of all loans to SMEs are not being paid back or have been defaulted upon.

From TheJournal.ie Trade surplus falls by 23 per cent in December Trade

Trade surplus falls by 23 per cent in December

Ireland’s seasonally adjusted exports fell by €750m in December 2011, while imports rose to chip away at the trade balance.

From TheJournal.ie Protesters take over NAMA-owned building and open it to the public Unlock NAMA This post contains images

Protesters take over NAMA-owned building and open it to the public

The Unlock NAMA group has taken over a building in Dublin’s city centre this morning – and plans to open more of NAMA’s buildings to the public.

From TheJournal.ie Fall in house prices picks up speed in December Property Market

Fall in house prices picks up speed in December

The price of the average residential property fell by 1.7 per cent in December – and lost a sixth of its value in 2011.

From TheJournal.ie Exports in November up by 9pc on previous year Exports

Exports in November up by 9pc on previous year

The dip in exports for October was short-lived – as the trade surplus reached its highest level ever in November 2011.

From TheJournal.ie Government expects VAT hike to hit sales by 1.8 per cent Retail

Government expects VAT hike to hit sales by 1.8 per cent

Estimates for tax income in 2012 indicate that the government doesn’t expect the VAT hike to have a major impact on shoppers.

From TheJournal.ie Pre-Christmas boost for retailers, with 1.6pc surge in November Retail Sales

Pre-Christmas boost for retailers, with 1.6pc surge in November

The volume of retail sales was up by 1.6 per cent in November, as retailers reported a surge in spending pre-Christmas.

From TheJournal.ie Irish economy shrank by 1.9 per cent in third quarter Irish Economy

Irish economy shrank by 1.9 per cent in third quarter

Striking new figures from the Central Statistics Office show that the economy took a major hit between July and September.

From TheJournal.ie Shrinking exports mean 11pc fall in trade surplus Exports

Shrinking exports mean 11pc fall in trade surplus

Preliminary figures from the CSO show that the slowdown on mainland Europe could be beginning to hit Irish exports.

From TheJournal.ie 'Streaming' in schools is bad for students - ESRI Education

'Streaming' in schools is bad for students - ESRI

Grouping students according to their ability leads to a fall in average student performance, according to new research from the Economic and Social Research Institute.

From TheJournal.ie Ireland's doing better on the bond markets than everyone else (ish) Bond Markets

Ireland's doing better on the bond markets than everyone else (ish)

The Bank of England has been comparing the borrowing costs of countries in June and again last month – and we’re doing okay.

From TheJournal.ie Retail sales remain at lowest point since recession hit Retail

Retail sales remain at lowest point since recession hit

Continued lag in domestic demand left retail sales barely changed from September to October, remaining well down on last year.

From TheJournal.ie Student study: Ireland could write off 85 per cent of its European debt Debt Crisis

Student study: Ireland could write off 85 per cent of its European debt

The pan-European ESCP business school says Ireland could get rid of €184bn in debts – by simply cancelling them out with others.

From TheJournal.ie Poll: Should workers be paid for lunch breaks? Your Say This post contains a poll

Poll: Should workers be paid for lunch breaks?

Following changes to how the HSE pays locum doctors, we ask, should workers be paid for the lunch breaks?

From TheJournal.ie Higgins statement on Norris and bank guarantee ‘released in error’ Race For The Áras

Higgins statement on Norris and bank guarantee ‘released in error’

Press release had admonished Norris on his bank guarantee bill voting record – but today, both Presidential candidates insist there is “no spat” between them and Higgins had not seen nor approved the release.

From TheJournal.ie Ahern: We were right to spend the money - and 6 other brand new Bertie-isms Bertie

Ahern: We were right to spend the money - and 6 other brand new Bertie-isms

During an interview with DCUfm, Bertie Ahern said that he would not have done a lot differently during his time in office…and six other classic quotes from the former Taoiseach.

From TheJournal.ie IBEC expects pay freezes to continue next year Salaries

IBEC expects pay freezes to continue next year

The business group said pay expectations needed to reflect current economic realities.

From TheJournal.ie Take 5: Friday Take 5

Take 5: Friday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie OECD report says Ireland is "coming out of the crisis" OECD

OECD report says Ireland is "coming out of the crisis"

The OECD’s Economic Survey says that while challenges remain, Ireland’s long-term prospects are better than other countries.

From TheJournal.ie Take 5: Thursday Take 5

Take 5: Thursday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie Enda Kenny: We will be the first to wave goodbye to the IMF Goodbye

Enda Kenny: We will be the first to wave goodbye to the IMF

Ireland will beat Portugal and Greece in a race back to the markets, according to the Taoiseach.

From TheJournal.ie Consumer sentiment drops amid ongoing job security and Budget fears Consumer Sentiment

Consumer sentiment drops amid ongoing job security and Budget fears

Sentiment in Ireland didn’t fall as much as among other Europeans or in the US – possibly because of an already-poor outlook here.

From TheJournal.ie Ernst & Young expects Irish economy to contract by 1 per cent this year Irish Economy

Ernst & Young expects Irish economy to contract by 1 per cent this year

There are some mixed messages in Ernst & Young’s autumn forecast as economists predict improved economic outlooks but refuse to rule out the possibility of a new bailout package for Ireland.

From TheJournal.ie Relief: Irish economy grew by 1.6 per cent in Q2 Good News

Relief: Irish economy grew by 1.6 per cent in Q2

Ireland’s economy grew faster than all but one other European country in the second quarter. So who was it that bested us?

From TheJournal.ie IMF lowers forecasts for world economic growth World Economy

IMF lowers forecasts for world economic growth

But in its latest World Economic Outlook it has left its projections for Ireland unchanged.

From TheJournal.ie Davy lowers forecasts for Irish economy Forecasts

Davy lowers forecasts for Irish economy

Davy’s research division has revised its forecasts for Irish economic growth down as the global outlook deteriorates.