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#Irish Economy

# irish-economy - Wednesday 13 February, 2013

Ireland could be given extra time to meet deficit deadline

Olli Rehn has written to EU ministers indicating an openness to delaying austerity measures on a case-by-case basis.

# irish-economy - Monday 21 January, 2013

2013 the 'turning point' for domestic economy, says IBEC

The employers group has a cheery outlook for 2013 – predicting that the public will become as optimistic as outsiders.

# irish-economy - Monday 14 January, 2013

Irish households' disposable incomes rose slightly in third quarter

New CSO figures show that the increase in disposable income, combined with only modest spending, increased general savings.

# irish-economy - Tuesday 8 January, 2013

Column: Ireland’s relationship with Britain has moved on. Let’s not fall back

We should be over our outrage at petty jibes by now, writes John Verling. Both countries have grown up.

# irish-economy - Tuesday 18 December, 2012

Irish economy grows by 0.2 per cent in third quarter

That might not sound like much, but the eurozone as a whole shrank by 0.1 per cent in the same period.

IMF approves latest €890 million loan - and warns against mini-Budget

The Washington-based fund affirms its stance that additional budgets during the year should be avoided.

# irish-economy - Friday 14 December, 2012

Ireland's trade surplus increases in October

The value of Irish exports was up slightly on September, while the volume of imports also fell.

# irish-economy - Wednesday 5 December, 2012

Unemployment falls as 1,500 come off Live Register

The seasonally adjusted figures on the Live Register show a drop of 1,500; the numbers are down 12,290 in a year.

# irish-economy - Monday 3 December, 2012

Irish consumer confidence rose in November

The KBC Bank Ireland/ESRI index shows a small amount of growth with sentiment at 63.8 in November compared to 60.9 in October.

# irish-economy - Monday 26 November, 2012

Galway Volvo Ocean Race worth €60.5 million to Irish economy

Over 500,000 people visited Galway city for the festival with 16% of those coming from outside of Ireland.

# irish-economy - Thursday 15 November, 2012

Liberty Insurance to cut 285 jobs

The company that took over from Quinn Insurance will make 140 redundancies in Dublin, 75 in Cavan, and 70 in Enniskillen.

# irish-economy - Wednesday 14 November, 2012

Trade surplus for September down 41% on August – CSO

The drop in Ireland’s trade surplus is the first since March of this year.

# irish-economy - Monday 1 October, 2012

EU report says Irish homes hit second-hardest by economic slump

Disposable incomes in Irish households fell by more than in every other EU country between 2009 and 2011 – except for Greece.

# irish-economy - Thursday 27 September, 2012

RTE seeking further job cuts

State broadcaster is reviewing applications not decided on by management.

94 per cent of workers better off employed than on the dole, says ERSI

The report contradicts a working paper from the summer that said two-fifths of families would be better off on the dole.

# irish-economy - Saturday 22 September, 2012

Debates, weights and Damien Duff: The week in numbers

Plus – which Irish area has been keeping all the single people to itself? And how little confidence is ‘confidence’?

# irish-economy - Friday 21 September, 2012

Think-tank says Irish economy is 'bouncing along the bottom'

The ESRI’s latest economic forecast says Ireland’s economy will shrink in 2012, and grow only very modestly in 2013.

# irish-economy - Thursday 20 September, 2012

Domestic economy grows in second quarter but GDP flat

Industrial sector growing but the combined decrease in other sectors such as agriculture and transport dragged on GDP growth.

# irish-economy - Friday 14 September, 2012

CSO data shows Irish exports up by 6pc in July

The CSO figures also show that exports to key target areas like India, China and Russia have risen in the last year.

# irish-economy - Thursday 13 September, 2012

Bond auction sees Ireland’s cost of borrowing fall dramatically

The NTMA successfully raises €500 million at a cost far lower than two months ago.

# irish-economy - Tuesday 11 September, 2012

Overseas trips to Ireland up nearly 8pc last year

Non-residents made 6,621,000 trips to Ireland from overseas last year – up by quite a bit from 2010.

NTMA to raise another €500m on bond markets this week

The treasury agency will auction €500 million of three-month bills on Thursday.

# irish-economy - Thursday 6 September, 2012

Ireland is 10th in world web index

Ireland outpaces all other countries in the Index in terms of the Web’s effects on the economy, new index finds.

# irish-economy - Monday 3 September, 2012

New stats show Ireland's industrial output on the rise

Separate figures from the CSO and MarkIt show Ireland’s industrial production and manufacturing output to have grown.

Early release of voluntary pensions 'could generate €1.24 billion' - IBEC

The employers’ group says allowing people to access cash from voluntary pension funds could mean a tax windfall.

# irish-economy - Friday 17 August, 2012

Mortgage arrears could rise to 18 per cent, says report

Banks have still not recognised losses in full, says Davy Research, as it warns that mortgage arrears could rise from 13.5 per cent to as much as 18 per cent.

# irish-economy - Sunday 12 August, 2012

What would Michael Collins think of Ireland's banks? Michael Collins This post contains videos

What would Michael Collins think of Ireland's banks?

Historian’s presentation at Glasnevin Cemetery will question how the former Minister for Finance might view the current state of affairs.

# irish-economy - Thursday 2 August, 2012

S&P: Return to markets is promising - but we won't increase Ireland's rating

The return to the bond markets is “an indication of progress”, it says – but the cost of borrowing is still way too high.

Second report predicts 1 per cent growth in Ireland's economy

Two days after a similar IBEC projection, now Bank of Ireland believes the Irish economy will grow by 1 per cent this year.

# irish-economy - Tuesday 31 July, 2012

Ireland’s economy to grow thanks to weak euro – IBEC

The employers’ group says the economy will grow by 1 per cent next year, because a weak euro will help exports.

# irish-economy - Thursday 19 July, 2012

Irish economy has stabilised, but more reform needed

National Competitiveness Council calls for broadening of the tax base and reforms in sheltered professions such as Law and Healthcare.

# irish-economy - Tuesday 17 July, 2012

Government's €2.25 billion stimulus plan hopes to create 13,000 jobs

A major programme of motorway upgrades, as well as spending in justice, health and education, will begin next year.

# irish-economy - Friday 22 June, 2012

EIB president would 'like to sort out the problems that Ireland has'

Finance minister Michael Noonan has said that there are hopes that Ireland will receive fresh funding for infrastructure projects.

# irish-economy - Saturday 16 June, 2012

Moody's says house prices to fall by a further 20 per cent

The ratings agency also says that the Irish economy will only grow by 0.2 per cent in 2012.

# irish-economy - Wednesday 13 June, 2012

Folens to create 25 high-tech jobs

Ireland’s largest educational publisher continues with move online.

# irish-economy - Tuesday 15 May, 2012

Eurozone GDP unchanged in the first quarter of 2012

Modest growth in the likes of Germany is offset by falls in other large countries like Italy; France is also perfectly flat.

# irish-economy - Wednesday 25 April, 2012

VIDEO: Gerry Adams challenged on economists' quotes in SF leaflet Referendum This post contains videos

VIDEO: Gerry Adams challenged on economists' quotes in SF leaflet

A Sinn Féin pamphlet quotes three economists as bemoaning the fiscal compact… but some are actually in favour of it.

# irish-economy - Tuesday 10 April, 2012

IMF: Allowing homes to restructure debt will solve crisis quicker

A new global report concludes that economic crises are worse if households accumulate more debt during a boom.

# irish-economy - Wednesday 4 April, 2012

Unemployment rate falls to 14.3 per cent in March

The number of people signing on fell by 3,000 last month, bringing the unemployment rate down by 0.1 per cent to 14.3.

Tabloids have up to twice as many negative headlines as positive - study

A study of five Irish tabloids over a two-week period shows a distinct preference for negative headlines on stories.