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Dublin: 10 °C Monday 20 May, 2019

#Irish Economy

From TheJournal.ie In numbers: the Annual Report of the Comptroller & Auditor General In Numbers

In numbers: the Annual Report of the Comptroller & Auditor General

The State’s accountant’s annual report for 2010 shows that there is €22.7bn is left in the National Pension Reserve Fund – €10bn of that has been deposited in banks.

From TheJournal.ie Trichet: Ireland is gaining credibility and increasing creditworthiness ECB

Trichet: Ireland is gaining credibility and increasing creditworthiness

The ECB president has some kind words, as the main ECB interest rate remains unchanged – and could even be lowered soon.

From TheJournal.ie Cost of living increased by 0.2 per cent in August Inflation

Cost of living increased by 0.2 per cent in August

The Central Statistics Office says the annual rate of inflation in Ireland stood at 2.2 per cent as of the end of August.

From TheJournal.ie Front-loaded budget ‘could push economy to breaking point’ Doom And Gloom

Front-loaded budget ‘could push economy to breaking point’

The KBC/ESRI Consumer Sentiment Index is virtually unchanged, but shows a worrying emerging trend in the medium term.

From TheJournal.ie Aer Lingus losses grow, but outlook is brighter Aer Lingus

Aer Lingus losses grow, but outlook is brighter

The flag-carrier’s losses for the first half of 2011 are 46 per cent worse than last year, but there’s better news to come.

From TheJournal.ie Irish export growth to slow as outlook for key markets dims - NIB Trade

Irish export growth to slow as outlook for key markets dims - NIB

National Irish Bank is less optimistic on Irish export growth as eurozone economies slow down.

From TheJournal.ie Mixed messages as retail sales continue their slide Retail

Mixed messages as retail sales continue their slide

Both the volume and value of retail sales fell in July, and if you exclude motor trading, the domestic economy is even gloomier.

From TheJournal.ie Ireland records its highest ever trade surplus Trade Surplus

Ireland records its highest ever trade surplus

Ireland’s trade surplus hit its highest level in June as exports rose by almost 6 per cent.

From TheJournal.ie Gender pay gap got wider during downturn - official report Gender Gap

Gender pay gap got wider during downturn - official report

New data from the Central Statistics Office show that the gap between pay for men and women widened in 2009.

From TheJournal.ie Ireland in 'unexpected economic comeback' - Financial Times Comeback

Ireland in 'unexpected economic comeback' - Financial Times

Two Oxford University academics and Irish business group, IBEC, say Ireland’s economic health is not as bad as people (read: ratings agencies) think.

From TheJournal.ie Summer sales fail to bring out the shoppers Consumerism

Summer sales fail to bring out the shoppers

KBC says consumer sentiment fell in July, despite aggressive price cuts by retailers, with shoppers fearing for the future.

From TheJournal.ie Hopes for recovery take a blow as Irish consumers increase savings Savings

Hopes for recovery take a blow as Irish consumers increase savings

The Nationwide/ESRI savings index shows a significant increase in the amount of cash that worried consumers are keeping aside.

From TheJournal.ie Take 5: Thursday Take 5

Take 5: Thursday

5 stories, 5 minutes, 5 o’clock.

From TheJournal.ie Businesses now taking even longer to pay their bills - survey Solvency

Businesses now taking even longer to pay their bills - survey

If you’ve issued an invoice to a construction company in Waterford, you might be waiting a while for payment…

From TheJournal.ie Column: Anglo-Irish execs should be made to co-operate Opinion

Column: Anglo-Irish execs should be made to co-operate

As we approach the third anniversary of those infamous meetings to prop up Anglo-Irish Bank, former trader Nick Leeson asks why the investigation is proving “spectacularly lethargic”.

From TheJournal.ie Central Bank scales down expectations for economic growth Uh-Oh

Central Bank scales down expectations for economic growth

The latest quarterly bulletin has less ambitious targets for growth in both GDP and GNP than the last one did.

From TheJournal.ie Bailed-out Ireland could stump up €11.1 billion… to pay for new bailout fund Bailout

Bailed-out Ireland could stump up €11.1 billion… to pay for new bailout fund

The new European Stability Mechanism will need will claw back a huge amount of the loans it’s already giving us.

From TheJournal.ie Noonan warns bailout rate change won’t ease budget cuts Budget 2012

Noonan warns bailout rate change won’t ease budget cuts

The next budget will contain further cuts of around €4bn, despite the country saving millions on its bailout loan payments.

From TheJournal.ie UK agrees to cut interest rate on bilateral Irish bailout Bilateral Bailout

UK agrees to cut interest rate on bilateral Irish bailout

George Osborne says Ireland had been paying too much interest on European loans, and cuts the rate on his own.

From TheJournal.ie Poll: Are you happy with the new Eurozone deal? Your Say This post contains a poll

Poll: Are you happy with the new Eurozone deal?

Ireland is set to save between €600-€800m on its loans – does this go far enough?

From TheJournal.ie Bond yields dive, and Euro up, as markets embrace Brussels deal Eurozone

Bond yields dive, and Euro up, as markets embrace Brussels deal

The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.

From TheJournal.ie Irish bailout rate 'cut to under 4 per cent' by draft agreement - report Bailout

Irish bailout rate 'cut to under 4 per cent' by draft agreement - report

RTÉ says a draft agreement being considered in Brussels would slash our interest rate and extend our repayments.

From TheJournal.ie Smoking costs the Irish economy €1m a day - minister Up In Smoke

Smoking costs the Irish economy €1m a day - minister

That’s what Róisín Shortall told the Dáil – but it’s little compared to the cost of tobacco-related healthcare.

From TheJournal.ie Gilmore jets to Berlin to meet German counterpart over bailout talks Germany

Gilmore jets to Berlin to meet German counterpart over bailout talks

Eamon Gilmore and Guido Westerwelle will also discuss the Middle East, the Arab Spring and the Eurozone crisis.

From TheJournal.ie Over 1,000 companies declared insolvent in first half of 2011 Out Of Business

Over 1,000 companies declared insolvent in first half of 2011

While the number of company startups was higher in 2011, the numbers going out of business also rose.

From TheJournal.ie Column: Yes, the global economy is in turmoil... but banks have to start lending Opinion

Column: Yes, the global economy is in turmoil... but banks have to start lending

Ireland needs to order its banks to resume lending to small and medium businesses in order to fuel a recovery, argues Nick Leeson.

From TheJournal.ie Column: Dear student, the Leaving Cert is damaging your brain Opinion

Column: Dear student, the Leaving Cert is damaging your brain

Economics lecturer Stephen Kinsella on second-level education’s “wheel of regurgitation” – and why the next generation of decision-makers must get rid of it.

From TheJournal.ie Consumer sentiment slips back to February levels Consumers

Consumer sentiment slips back to February levels

Latest consumer sentiment data shows a drop in June as people continue to worry about the economic outlook, retaining their jobs and a likely ECB interest rate hike in July.

From TheJournal.ie The Daily Fix: Thursday The Daily Fix This post contains images

The Daily Fix: Thursday

In this evening’s wrap-up: All eyes on Brussels, a new plant at Sellafield, some classic tourist no-nos, and Dublin Zoo’s latest arrival…

From TheJournal.ie CSO reports mixed bag for Ireland's growth Growth

CSO reports mixed bag for Ireland's growth

Although GDP grew in the first quarter of 2011, GNP fell, suggesting that the domestic market is still struggling.

From TheJournal.ie Ireland faces €200m hit if Greek economy crumbles Greece

Ireland faces €200m hit if Greek economy crumbles

Ireland’s banks will escape any fallout, but the State and private institutions will lose out if Greece goes to the wall.

From TheJournal.ie Here's how a new deal on EU bailouts could help Ireland escape a second one Bailout 2?

Here's how a new deal on EU bailouts could help Ireland escape a second one

A nutshell guide to how an amendment to the European Stability Mechanism could help Ireland get back on its feet.

From TheJournal.ie Unemployment rate revised downward for first three months of 2011 Jobs

Unemployment rate revised downward for first three months of 2011

The seasonal unemployment rate is down to 14 per cent – but mostly undoes the surprising surge from late last year.

From TheJournal.ie Iceland’s finance minister: 'Ireland shouldn’t copy our formula for default' Default

Iceland’s finance minister: 'Ireland shouldn’t copy our formula for default'

Ireland and Greece can’t follow the recovery mode as Iceland did, finance minister Steingrimur Sigfusson insists.

From TheJournal.ie Income tax increases ‘not ruled out’ for December budget – Noonan Budget 2012

Income tax increases ‘not ruled out’ for December budget – Noonan

Michael Noonan tells the Dáil that the prospect of increasing income taxes for the first time in years isn’t off the table.

From TheJournal.ie Rate of inflation rises to 2.7 per cent, but slowing Inflation

Rate of inflation rises to 2.7 per cent, but slowing

New statistics from the Central Statistics Office show that inflation increased by only 0.1 per cent last month.

From TheJournal.ie Three-quarters of professionals 'would leave Ireland within three years' Emigration This post contains a poll

Three-quarters of professionals 'would leave Ireland within three years'

Only five per cent of workers are sure the economy will improve by 2014 – with two-thirds believing it will continue to flag.

From TheJournal.ie Positive consumer sentiment surged in May - ESRI Consumer Sentiment

Positive consumer sentiment surged in May - ESRI

Consumers are more confident about the labour market, but less so about their own futures, new research shows.

From TheJournal.ie Unemployment rate increased in May, reaching 14.8 per cent Unemployment

Unemployment rate increased in May, reaching 14.8 per cent

Figures from the Central Statistics Office show that the numbers signing on jumped by 2,600 in the month of May.

From TheJournal.ie The Daily Fix - Tuesday Daily Fix

The Daily Fix - Tuesday

In today’s Fix: Irish economy forecast to shrink this year; Aer Lingus pilots threaten industrial action; ‘sexy’ TDs; and the 100th anniversary of the launch of the Titanic.