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Dublin: 10 °C Tuesday 22 October, 2019

#Recession

From TheJournal.ie Two years on: 'We promised recovery. We are delivering' Two Years On

Two years on: 'We promised recovery. We are delivering'

Enda Kenny and Eamon Gilmore gave a press conference today to mark the coalition’s second anniversary in office.

From TheJournal.ie Eurozone sinks further into recession in last quarter of 2012 Recession

Eurozone sinks further into recession in last quarter of 2012

Figures from Eurostat confirm initial estimates in February that the eurozone economy shrank by 0.6 per cent in Q4 of 2012 with the EU shrinking by 0.5 per cent.

From TheJournal.ie More than 5,800 homes lost gas or electricity connection because of non-payment Recession

More than 5,800 homes lost gas or electricity connection because of non-payment

The figures were compiled by the Commission for Energy Regulation for the period from July to September 2012.

From TheJournal.ie $85 billion in budget cuts come into force in US United States

$85 billion in budget cuts come into force in US

Meetings between President Obama and top congressional leaders broke down yesterday as they failed to reach a deal on how to reduce the deficit.

From TheJournal.ie Midlands show largest percentage drop in employment ratio since 2006 Unemployment

Midlands show largest percentage drop in employment ratio since 2006

Nationally, there has been a 64 per cent decline in the ratio of employed to unemployed people with less than 5 people working for every person out of work.

From TheJournal.ie 30 protesters occupy PWC over ‘unfair’ austerity taxes CAHWT

30 protesters occupy PWC over ‘unfair’ austerity taxes

The activists then made their way to the IBEC conference to continue their protest.

From The42 Barcelona accused of spying on Gerard Pique and Shakira Spies Like Us

Barcelona accused of spying on Gerard Pique and Shakira

The rumours were leaked by disgruntled ex-employees of the Metodo 3 detective agency.

From TheJournal.ie Czech's historic breweries trying to get back on tap Czech Republic

Czech's historic breweries trying to get back on tap

The country drinks the most beer in the world per head of population but its indigenous brewing industry is having to innovate.

From TheJournal.ie Rating agency downgrades Britain’s credit rating for first time in 35 years Moody's

Rating agency downgrades Britain’s credit rating for first time in 35 years

Moody’s have downgraded the UK from AAA to AA1.

From TheJournal.ie Final day of campaigning in Italy as uncertainty rules over election Vote

Final day of campaigning in Italy as uncertainty rules over election

Italy goes to the polls on Sunday and Monday but it’s still not clear who is most likely to emerge victorious.

From TheJournal.ie Cyprus holds presidential election following heated campaign Cyprus

Cyprus holds presidential election following heated campaign

The campaign was focused on rescuing the recession-hit EU member state from bankruptcy.

From TheJournal.ie Barnardos: CSO survey shows 'ravaging' effects of recession on families Income And Living

Barnardos: CSO survey shows 'ravaging' effects of recession on families

Meanwhile, the Minister for Social Protection, Joan Burton said the survey shows that “the impact of the crisis has not worsened income inequality”.

From TheJournal.ie Examiner appointed to B&Q Ireland Examiner

Examiner appointed to B&Q Ireland

The company said they have been impacted by the recession and in particular by the decline in consumer spending in the housing sector.

From TheJournal.ie Organisation in Dublin launches campaign to reduce street begging Begging

Organisation in Dublin launches campaign to reduce street begging

The Dublin City Business Improvement District is encouraging people to place donations in new ‘giving boxes’ instead of directly to people begging.

From TheJournal.ie Less than 10% of retail employers will increase pay in 2013 Retail Pay

Less than 10% of retail employers will increase pay in 2013

The survey also found that more than 17 per cent will reduce allowances such as bonuses and overtime rates in 2013.

From TheJournal.ie Iceland did not need to repay Dutch and UK savers, says court Financial Crisis

Iceland did not need to repay Dutch and UK savers, says court

A European court ruled today that Iceland was entitled to refuse to pay immediate deposit guarantees to savers when a major bank collapsed.

From TheJournal.ie Rising food poverty hinders students' ability to learn Poverty

Rising food poverty hinders students' ability to learn

The IPPN said primary school students are faced with new forms of disadvantages including losing their homes, cyber-bullying and early sexualisaton.

From TheJournal.ie Careers clinic: What are you actually doing to get a job? Jobhunt

Careers clinic: What are you actually doing to get a job?

Jobs may be scarce on the ground – but they still exist. Here’s how to do everything you possibly can to find the job you want.

From TheJournal.ie Irish senior executives optimistic about career prospects Optimistic

Irish senior executives optimistic about career prospects

High number are open to moving to new jobs, despite the recession.

From TheJournal.ie Column: ‘Island? Which island?’ – life as an Irish person in Japan Read Me

Column: ‘Island? Which island?’ – life as an Irish person in Japan

James Joyce? U2? Guinness? No – Halloween is the only thing that earns Ireland any kudos, writes Hannah Quinn.

From TheJournal.ie Read in full: The leaked European Commission document into Ireland's economy Euroleaks

Read in full: The leaked European Commission document into Ireland's economy

The full draft document reveals the Irish government’s fears about a mass boycott of water charges, criticism over the costs of legal services in Ireland, and Troika suggestions to cut public sector pay.

From TheJournal.ie Irish banks are still very fragile - and the Troika is concerned Euroleaks

Irish banks are still very fragile - and the Troika is concerned

The Troika also warned that Irish banks still aren’t lending enough to small businesses either.

From TheJournal.ie Annual savings up 10 per cent on last year Savings

Annual savings up 10 per cent on last year

Research from EBS shows that people aged 16-24 are now more confident about their economic well being than this time last year.

From TheJournal.ie Small firms being 'strangled' by late payments - SFA Money Money Money

Small firms being 'strangled' by late payments - SFA

Companies are now waiting an average of 62 days to be paid, according to a survey by the Small Firms Association.

From TheJournal.ie Permanent TSB says it will increase lending fivefold this year Money Money Money

Permanent TSB says it will increase lending fivefold this year

Permanent TSB says it will significantly increase lending for mortgages and personal loans in 2013.

From TheJournal.ie Workers to meet union after Dublin company cuts 83 jobs Redundancy

Workers to meet union after Dublin company cuts 83 jobs

Distribution firm Johnson Brothers told its employees yesterday that 83 jobs will be lost due at its plant in west Dublin due to outsourcing.

From TheJournal.ie Merkel kicks off campaign, highlights economic strength Germany

Merkel kicks off campaign, highlights economic strength

The German Chancellor’s party faces a tough battle in the upcoming Lower Saxony state vote.

From TheJournal.ie Small drop in live register figures - but unemployment stays at 14.6 per cent Unemployment

Small drop in live register figures - but unemployment stays at 14.6 per cent

The number of people aged 25 or under on the live register dropped for the 29th month in a row.

From TheJournal.ie Over 465,000 voluntary hours clocked in record 2012 for Volunteer Ireland Volunteering This post contains videos

Over 465,000 voluntary hours clocked in record 2012 for Volunteer Ireland

More and more people are volunteering since the onset of the recession but the national volunteer development agency cites other reasons for the increase.

From TheJournal.ie Exchequer deficit reduced by €10bn in 2012 to €14.9bn Exchequer Returns

Exchequer deficit reduced by €10bn in 2012 to €14.9bn

VAT and corporation tax recorded surpluses, while income tax and excise duties recorded shortfalls.

From TheJournal.ie Spain's unemployment rate fell by 1.2% in December Jobless

Spain's unemployment rate fell by 1.2% in December

It is the first decline in the jobless figure since July 2012.

From TheJournal.ie Column: Let’s address Ireland’s problems this year, as well as our own Opinion

Column: Let’s address Ireland’s problems this year, as well as our own

Our towns and cities are hamstrung by budget cuts – but a new initiative could help find solutions and save money, writes Barry Flinn.

From TheJournal.ie Poll: Do you think Ireland's economy is over the worst? Your Say This post contains a poll

Poll: Do you think Ireland's economy is over the worst?

There seems to be slightly more optimism than usual about the economy as we head into 2013. What do you think – are you optimistic about it?

From TheJournal.ie Worst of the euro crisis is 'behind us', says German finance minister Good News

Worst of the euro crisis is 'behind us', says German finance minister

HURRAH! Break out the champagne and foie gras…

From TheJournal.ie Column: Why I love baking – from measuring flour to licking the spoon Opinion

Column: Why I love baking – from measuring flour to licking the spoon

With the Great Irish Bake-Off due to start in 2013, Rosanne Hewitt-Cromwell explains why baking has made a resurgence in the recession.

From TheJournal.ie 'Plan B' to avert fiscal cliff in the US fails Fiscal Cliff

'Plan B' to avert fiscal cliff in the US fails

Obama said he’ll try to prevent across-the-board tax increases after a vote calling for higher rates on million-dollar earners failed.

From TheJournal.ie Spain passes massive austerity cutbacks Spain

Spain passes massive austerity cutbacks

Crowds gathered today to protest against job and benefit cuts as well as the tax increases passed today.

From TheJournal.ie Ireland is the most charitable country in Europe Charity Begins At Home

Ireland is the most charitable country in Europe

We came second in the world behind Australia and ahead of Canada.

From TheJournal.ie One in every six calls to Samaritans were recession-related Samaritans

One in every six calls to Samaritans were recession-related

This was the busiest year yet for Samaritans, with longer calls to their helpline and more face-to-face contact at its branches.

From TheJournal.ie Five million unemployed in Spain Spain

Five million unemployed in Spain

It was the highest number of job seekers registered in Spain since current records began in 1996.