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#Irish Economy

# irish-economy - Monday 2 April, 2012

Manufacturers report highest increase in new business for 10 months

NCB’s Purchasing Managers Index says the rate of new business rose in March 2012, the fastest growth since May 2011.

# irish-economy - Saturday 31 March, 2012

As it happened: Enda Kenny's speech to the Fine Gael Árd Fheis

We liveblogged proceedings from Dublin as the Taoiseach gave the keynote address at his party’s national conference.

# irish-economy - Monday 26 March, 2012

Enda tells Chinese investors that Ireland "is growing again"

Someone must have missed last week’s CSO news…

# irish-economy - Thursday 22 March, 2012

Recession returns as Ireland's economic output falls again

Irish economic output has declined for two successive quarters – meaning Ireland is technically back into a recession.

# irish-economy - Friday 16 March, 2012

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.

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.

# irish-economy - Wednesday 14 March, 2012

Central Bank issues warning on investment firms

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

# irish-economy - Tuesday 13 March, 2012

From The Daily Edge Riverdance bids farewell to US Goodbye Riverdance

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.

# irish-economy - Friday 9 March, 2012

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.

# irish-economy - Tuesday 28 February, 2012

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.

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.

# irish-economy - Monday 27 February, 2012

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.

# irish-economy - Friday 24 February, 2012

Central Bank appoints new Chief Economist

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

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.

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.

# irish-economy - Thursday 23 February, 2012

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.

# irish-economy - Monday 20 February, 2012

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.

# irish-economy - Friday 17 February, 2012

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.

# irish-economy - Thursday 16 February, 2012

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.

# irish-economy - Wednesday 15 February, 2012

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.

# irish-economy - Saturday 28 January, 2012

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.

# irish-economy - Tuesday 24 January, 2012

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.

# irish-economy - Wednesday 18 January, 2012

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.

# irish-economy - Saturday 24 December, 2011

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.

# irish-economy - Thursday 22 December, 2011

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.

# irish-economy - Friday 16 December, 2011

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.

# irish-economy - Thursday 15 December, 2011

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.

# irish-economy - Wednesday 14 December, 2011

'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.

# irish-economy - Thursday 1 December, 2011

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.

# irish-economy - Monday 28 November, 2011

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.

# irish-economy - Monday 21 November, 2011

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.

# irish-economy - Saturday 22 October, 2011

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?

# irish-economy - Thursday 20 October, 2011

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.

# irish-economy - Wednesday 19 October, 2011

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.

# irish-economy - Monday 17 October, 2011

IBEC expects pay freezes to continue next year

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

# irish-economy - Friday 14 October, 2011

Take 5: Friday

5 minutes, 5 stories, 5 o’clock…

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.

# irish-economy - Thursday 13 October, 2011

Take 5: Thursday

5 minutes, 5 stories, 5 o’clock…

# irish-economy - Saturday 8 October, 2011

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.

# irish-economy - Thursday 29 September, 2011

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.