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#Irish Economy

# irish-economy - Wednesday 3 November, 2010

Unemployment falls by 12,800 since September
# Live Register
# Live Register

Unemployment falls by 12,800 since September

Nov 3rd 2010, 11:31 AM 201 Views 0 Comments

Brian Cowen tells the Dáil that the decrease is “much higher” than anticipated as the CSO releases new figures.

7.4% - investors fall away as government default fears continue
# Bailout Republic?
# Bailout Republic?

7.4% - investors fall away as government default fears continue

Nov 3rd 2010, 10:19 AM 150 Views 0 Comments

Up, and up, and up…

# irish-economy - Tuesday 2 November, 2010

NAMA reports €6m profit between April and June
# BaNAMA Republic
# BaNAMA Republic

NAMA reports €6m profit between April and June

Nov 2nd 2010, 4:43 PM 139 Views 0 Comments

Brian Lenihan says NAMA is ‘functioning well’ as it reports a modest profit for the second quarter.

# irish-economy - Monday 1 November, 2010

Angela Merkel consigns Ireland, Portugal and Spain to their fate
# Irish Economy
# Irish Economy

Angela Merkel consigns Ireland, Portugal and Spain to their fate

Nov 1st 2010, 12:35 PM 7 Views 0 Comments

Germany has had enough. Any eurozone state that spends its way into a debt crisis or cannot adapt to a monetary union set for Northern rhythms will face “orderly” bankruptcy.

# irish-economy - Thursday 28 October, 2010

Gogarty tells Dáil Ireland must "slash its wrists"
# Dáil Éireann
# Dáil Éireann

Gogarty tells Dáil Ireland must "slash its wrists"

Oct 28th 2010, 3:30 PM 122 Views 0 Comments

Bertie 'can only blame himself' for lax financial regulation
# Bertie Ahern
# Bertie Ahern

Bertie 'can only blame himself' for lax financial regulation

Oct 28th 2010, 3:22 PM 225 Views 0 Comments

The former Taoiseach admits to a Polish newspaper that there should have been greater banking oversight.

# irish-economy - Wednesday 27 October, 2010

Here are the awful details behind Ireland's export recovery
# Irish Economy
# Irish Economy

Here are the awful details behind Ireland's export recovery

Oct 27th 2010, 3:37 PM 304 Views 0 Comments

Unemployment is going to sit at around 13%, says Davy Research, and currency ‘headwinds’ will hit our growth.

# irish-economy - Tuesday 26 October, 2010

Davy forecasts slow growth in GNP next year
# Irish Economy
# Irish Economy

Davy forecasts slow growth in GNP next year

Oct 26th 2010, 1:57 PM 191 Views 0 Comments

Gross National Product – the measure of the strength of domestic business – will grow in 2011 after four years of decline.

# irish-economy - Monday 25 October, 2010

Cabinet meetings to decide bloodbath Budget cuts

Cabinet meetings to decide bloodbath Budget cuts

Oct 25th 2010, 9:17 AM 247 Views 0 Comments

An evening meeting today – and an all-day knocking of heads tomorrow – should decide how much spending will go.

# irish-economy - Sunday 24 October, 2010

Irish growth forecast for 2011 and 2012 to be downgraded
# Irish Economy
# Irish Economy

Irish growth forecast for 2011 and 2012 to be downgraded

Oct 24th 2010, 3:31 PM 107 Views 0 Comments

Former BoI chief: Ireland should become the 51st state
# The 51st State?
# The 51st State?

Former BoI chief: Ireland should become the 51st state

Oct 24th 2010, 11:38 AM 912 Views 1 Comment

Mike Soden tells the Sunday Independent that we’d be better off quitting the EU and becoming part of the USA.

# irish-economy - Thursday 21 October, 2010

Uh-oh: two days after reining in, bond yields explode again
# Bond Markets
# Bond Markets

Uh-oh: two days after reining in, bond yields explode again

Oct 21st 2010, 4:31 PM 181 Views 0 Comments

The cost of government ten-year borrowing was under 6% on Tuesday. Today it closed above 6.5% again.

Abiding by EU targets kills economy for a decade – ESRI
# The Lost Decade
# The Lost Decade

Abiding by EU targets kills economy for a decade – ESRI

Oct 21st 2010, 1:34 PM 226 Views 0 Comments

The economic think-tank says aiming for the EU’s 3% deficit target by 2014 will force Ireland into a downward spiral.

Shannon Aerospace's "most difficult day" as 107 jobs go
# Jobswatch
# Jobswatch

Shannon Aerospace's "most difficult day" as 107 jobs go

Oct 21st 2010, 10:41 AM 562 Views 0 Comments

107 jobs go at Shannon Airport, while 120 are created at Hewlett Packard’s Dublin HQ, and 25 at Just Mobile.

# irish-economy - Wednesday 13 October, 2010

Ireland has turned a corner. No, really - S&P
# Irish Economy
# Irish Economy

Ireland has turned a corner. No, really - S&P

Oct 13th 2010, 8:16 AM 282 Views 0 Comments

Ratings agency Standard & Poor’s says the Irish economy will be quicker to recover than other European systems.

# irish-economy - Monday 4 October, 2010

Central Bank lowers expectations of economic growth
# Irish Economy
# Irish Economy

Central Bank lowers expectations of economic growth

Oct 4th 2010, 6:54 PM 204 Views 0 Comments

The economy will still grow in 2010, according to the revised forecasts, but only just.

Exchequer returns in line with projected targets
# Irish Economy
# Irish Economy

Exchequer returns in line with projected targets

Oct 4th 2010, 6:04 PM 139 Views 0 Comments

Good news: our tax income is broadly in line with expectations. Bad news: our deficit for the first nine months is huge!

It's official: workers hate the 'current economic climate'
# Your Say
From The Daily Edge
# Your Say

It's official: workers hate the 'current economic climate'

Oct 4th 2010, 3:30 PM 512 Views 0 Comments

The recession euphemism is top in a list of irritating workplace phrases, according to a new survey.

# irish-economy - Friday 1 October, 2010

Manufacturing output falls in September - report
# Double Dip?
# Double Dip?

Manufacturing output falls in September - report

Oct 1st 2010, 3:22 PM 85 Views 0 Comments

It’s more bad news – manufacturing is down in the last month, and retail sales only just up. Is this the Double Dip?

# irish-economy - Tuesday 28 September, 2010

Do we need the IMF? Here's what the world thinks
# Namageddon
# Namageddon

Do we need the IMF? Here's what the world thinks

Sep 28th 2010, 10:00 AM 665 Views 0 Comments

The BBC says we’re “hideously and perilously” close to Armageddon.

# irish-economy - Monday 27 September, 2010

ECB 'prepared countries to raise cash for Ireland' - newspaper
# Bailout Republic?
# Bailout Republic?

ECB 'prepared countries to raise cash for Ireland' - newspaper

Sep 27th 2010, 1:54 PM 267 Views 0 Comments

A German paper says we were ready for a bailout – and the bond yields hit new records. Yes, again.

# irish-economy - Friday 24 September, 2010

Why The Irish Debt Crisis Could Be Worse Than Spain, England, And Even Iceland
# Irish Economy
# Irish Economy

Why The Irish Debt Crisis Could Be Worse Than Spain, England, And Even Iceland

Sep 24th 2010, 11:25 AM 2 Views 0 Comments

Some quick thoughts on what is happening in Ireland.

Ireland's economic meltdown: what the world says
# Double Dip?
# Double Dip?

Ireland's economic meltdown: what the world says

Sep 24th 2010, 9:49 AM 512 Views 0 Comments

“The folly of cuts,” says the Guardian; the drop is “unexpected” says WSJ; “the first to face a double dip,” says Telegraph.

# irish-economy - Thursday 23 September, 2010

'Double-dip' recession looms as GDP falls by 1.2% in three months
# Uh-Oh
# Uh-Oh

'Double-dip' recession looms as GDP falls by 1.2% in three months

Sep 23rd 2010, 1:01 PM 490 Views 0 Comments

New CSO statistics show economic output fell in the months from April to June, having risen in the months before that.

# irish-economy - Monday 20 September, 2010

Goldman Sachs: Ireland could still need the IMF
# Bond Markets
# Bond Markets

Goldman Sachs: Ireland could still need the IMF

Sep 20th 2010, 4:35 PM 238 Views 0 Comments

This might have something to do with why the bond price won’t lie down: economists reckon we’ll still need a bailout.

# irish-economy - Tuesday 14 September, 2010

RTÉ's Freefall: What the internet thought (part 2)
# Bank Guarantee
# Bank Guarantee

RTÉ's Freefall: What the internet thought (part 2)

Sep 14th 2010, 11:56 AM 411 Views 0 Comments

Round-up of reactions to last night’s concluding part of documentary Freefall.

# irish-economy - Wednesday 8 September, 2010

Insolvent Euro nations “won’t drag Germany down”
# Debt Crisis
# Debt Crisis

Insolvent Euro nations “won’t drag Germany down”

Sep 8th 2010, 10:11 AM 1,434 Views 0 Comments

Angela Merkel gets tough.

Bond prices shoot past 6% in early trading
# Bailout Republic?
# Bailout Republic?

Bond prices shoot past 6% in early trading

Sep 8th 2010, 9:21 AM 1,132 Views 0 Comments

# irish-economy - Tuesday 7 September, 2010

Cowen asks for calm over bond market ‘ebbs and flows’
# Bailout Republic?
# Bailout Republic?

Cowen asks for calm over bond market ‘ebbs and flows’

Sep 7th 2010, 4:33 PM 138 Views 0 Comments

The Taoiseach says today’s spike in bond prices are a natural feature of the market and that Ireland is safe.

The internet asks: why no coverage of the bond crisis?
# Irish Economy
# Irish Economy

The internet asks: why no coverage of the bond crisis?

Sep 7th 2010, 2:41 PM 774 Views 1 Comment

The cost of borrowing balloons as the world fears Ireland could be the next country to fold. But why so little coverage?

Ireland fails to rebuke claims that it’s completely insolvent
# Irish Economy
# Irish Economy

Ireland fails to rebuke claims that it’s completely insolvent

Sep 7th 2010, 11:42 AM 144 Views 0 Comments

Foreign observers believe Ireland is being crushed under its own debt – and think we’re not trying to stop the rumours.

RTÉ’s Freefall: what the internet thought
# Bank Guarantee
# Bank Guarantee

RTÉ’s Freefall: what the internet thought

Sep 7th 2010, 9:56 AM 1,105 Views 1 Comment

Our round-up to the online reaction to the first part of RTÉ’s documentary on the night Ireland’s banks collapsed.

# irish-economy - Saturday 4 September, 2010

McWilliams tells Electric Picnic: Ireland needs to organise a default
# Irish Economy
# Irish Economy

McWilliams tells Electric Picnic: Ireland needs to organise a default

Sep 4th 2010, 2:45 PM 251 Views 0 Comments

# irish-economy - Friday 3 September, 2010

In Ireland, Dangers Still Loom
# Irish Economy
# Irish Economy

In Ireland, Dangers Still Loom

Sep 3rd 2010, 11:18 AM 5 Views 0 Comments

The New York Times on the growing crisis in the Irish economy.

# irish-economy - Thursday 12 August, 2010

Consumer prices stablise
# Prices
# Prices

Consumer prices stablise

Aug 12th 2010, 11:35 AM 154 Views 0 Comments

# irish-economy - Wednesday 11 August, 2010

Borrowing set to rise
# Bonds
# Bonds

Borrowing set to rise

Aug 11th 2010, 2:37 PM 84 Views 0 Comments

# irish-economy - Friday 6 August, 2010

Ulster Bank follows AIB in posting massive losses
# Banking
# Banking

Ulster Bank follows AIB in posting massive losses

Aug 6th 2010, 8:54 AM 611 Views 0 Comments

The RBS-owned bank lost €378m in the first six months of 2010.

# irish-economy - Wednesday 4 August, 2010

Household borrowing down
# Banking
# Banking

Household borrowing down

Aug 4th 2010, 4:00 PM 214 Views 0 Comments

AIB shares dive on the back of record losses
# AIB
# AIB

AIB shares dive on the back of record losses

Aug 4th 2010, 10:22 AM 111 Views 0 Comments

AIB on target for its biggest loss EVER
# AIB
# AIB

AIB on target for its biggest loss EVER

Aug 4th 2010, 7:45 AM 293 Views 0 Comments

Ireland’s biggest bank reports €1.7bn in losses so far this year – and needs €7.4bn of capital.