Concerns about jobs at the IFSC are among the reasons that Ireland has not signed up to implementing a levy on financial transactions despite Greece, Portugal, Italy, Spain, Germany and France all doing so.
Its estimated the tax could yield as much as €57 billion if introduced on a EU-wide basis but concerns remain in Ireland that its introduction could see jobs transferred abroad.
A transaction tax would raise revenue for the government – but may encourage financial institutions to take their business elsewhere. What do you think?
The French president is proposing to introduce a 0.1 per cent levy on financial transactions as well as a number of other reforms ahead of a re-election battle in April.
Ireland looks likely to come under heavy pressure over our corporate tax rate, after details emerged of a new set of proposals from the EU power-brokers.
“The majority of people in this country consume alcohol in a moderate, responsible manner that is entirely compatible with a healthy lifestyle and in line with European norms,” said Kathryn D’Arcy, director of Alcohol Beverage Federation of Ireland.
Some people can no longer afford to drink alcohol, others could be looking after their health, while many have suggested that the reduction in consumption could be related to emigration rates.
So today we want to know what do you think. Have you reduced your alcohol consumption in the past year?
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Clouds and sun with a passing shower
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