# Recession

This year

2023

# Economic Forecast

'Quicker recovery' than expected for economy this spring - Ibec

Ibec expects a ‘quicker recovery in the global economy’ than previously thought.

9.1k

Feb 27th 2023, 9:06 AM

# Recession

Britain will be only major economy to plunge into recession in 2023, IMF warns

The IMF predicts that the UK economy will contract by 0.6% this year, 0.9 percentage points worse than its previous forecast in October.

20.3k

Updated

Jan 31st 2023, 2:15 PM

Voices

The squeezed middle: What we should learn from the Great Recession of 2007-2013

By studying and learning from the effects of the Great Recession, policy makers can gain valuable insights into how to respond to the cost-of-living crisis.

22.5k

Jan 28th 2023, 9:00 AM

Last year

2022

Voices

Analysis: Are we headed for recession? Does it matter?

Economist Victor Duggan says there’s talk of the ‘R’ word everywhere, but we might just avoid it if the many global storms settle.

31.6k

Dec 31st 2022, 7:00 PM

# Recession

Bank of England raises interest rates to 3% in biggest single hike since 1989

The Bank warned that the UK could be on course for two years of uninterrupted recession.

22.8k

Nov 3rd 2022, 2:29 PM

# Economy

Europe risks 'deeper recessions' due to Ukraine war and inflation, says IMF

Germany and Italy are predicted to slip into recession next year

20.0k

Oct 23rd 2022, 7:33 PM

# risk of recession

'Certainly a risk' of US recession, says US Treasury Secretary

Janet Yellen added that ‘we’ve got a good strong labor market, and I believe it’s possible to maintain that.’

15.4k

Sep 11th 2022, 7:06 PM

# US Economy

US economy shrank 0.9% last quarter for its second straight drop

The decline in the gross domestic product – the broadest gauge of the economy – followed a 1.6% annual drop from January through March.

14.8k

Jul 28th 2022, 4:44 PM

Voices

Pearse Doherty: Workers and families facing the cost of living crisis need an emergency budget

The Sinn Féin deputy says now is the time for emergency measures to tackle rising inflation.

20.0k

108

Jun 28th 2022, 11:12 AM

# Economy

Varadkar at Davos: 'We will not go into recession, but there will be a slowdown'

Leo Varadkar is attending the World Economic Forum in Davos, Switzerland today.

29.1k

May 24th 2022, 1:10 PM

# rising inflation

Taoiseach can't rule out Ireland slipping into recession, calls for greater EU flexibility on VAT

‘No one can be certain about what will happen over the course of 2022,’ the Taoiseach said.

24.6k

Mar 16th 2022, 5:44 PM

All time

# Recession

FactCheck: Was Micheál Martin right to say that the banks were not bailed out in 2008?

The Taoiseach has suggested that the bank guarantee was an investment.

62.4k

Dec 16th 2020, 6:56 PM

# Coronavirus

UK in worst recession on record after GDP plunges 20.4% between April and June

The recession brought on by the coronavirus pandemic led to the biggest fall in quarterly GDP on record.

20.1k

Aug 12th 2020, 7:55 AM

# downturn

Eurozone economy suffers record drop during lockdown months

The decline in Europe compares to a 9.5% quarter-on-quarter decline for the United States.

16.4k

Jul 31st 2020, 5:52 PM

# rescue deal

Donohoe has 'little reason to doubt' Covid-19 will cause worst economic crisis since Great Depression

The Finance Minister said Ireland will likely have to access some of the financial supports made available by the EU.

40.7k

125

Apr 10th 2020, 11:09 AM

# Recession

Half a billion people could be pushed into poverty by Covid-19, warns Oxfam

A new Oxfam report calls for an economic rescue plan to prevent a damaging recession.

12.7k

Apr 9th 2020, 7:43 AM

# Recession

Central Bank says unemployment could reach 25% as government seeks to avoid 'another era of austerity'

Taoiseach Leo Varadkar has said the country is “heading into a recession”.

34.1k

111

Apr 3rd 2020, 12:02 AM

# Not again

No-deal Brexit could push Ireland into recession, ESRI warns

The ESRI has recommended a supplementary Budget in the new year if there’s a hard Brexit.

17.6k

Sep 26th 2019, 7:08 AM

# IOU

Have €42,500? That's the amount of public debt hanging over the head of every person living in the State

Minister Paschal Donohoe said prudent management of the public finances in needed.

55.8k

138

Aug 8th 2019, 5:28 PM

# NERI

Irish economy on the brink of overheating stoked by ongoing Brexit uncertainty

The report claims Ireland’s economy is not yet overheating, but if trends continue, it could do so within the next two years.

20.0k

Jul 18th 2019, 8:39 AM

# VISUALISED

Here's the impact of Ireland’s economic crisis on housing in graph form

Planning permissions peaked in 2004 with 101,653 permissions for construction of both new houses and apartments.

30.6k

Dec 7th 2018, 12:05 AM

# Budgetary Policy

Austerity policies had a greater impact on women than men

Reductions in Child Benefit and other welfare payments accounted for most of the disparity.

8.6k

Oct 24th 2018, 6:10 AM

# Mental Health

CEO of St Pat's says the recession created a generation of anxious children

Paul Gilligan said children now are very aware of the importance of doing well in their lives financially.

16.2k

May 20th 2018, 6:15 AM

# randomer

'This country has been so unloved. People go on about 800 years of oppression, it's 800 years of rejection'

Poet Colm Keegan’s latest collection is an exploration of self and society.

29.3k

Mar 18th 2018, 10:30 AM

# Your Say

Poll: Do you have more disposable income than five years ago?

Disposable incomes in Ireland are growing at over four times the eurozone average, according to Ibec.

37.1k

Jan 8th 2018, 10:25 PM

# Recession

Why this Tipperary man with five degrees left a good job in the middle of the recession

As part of our How My Business Works series, we profile Dublin-based Future Analytics Consulting.

38.0k

Nov 18th 2017, 6:30 PM

# ESRI

The middle class experienced a six-fold increase in economic stress as a result of the recession

A new ERSI study examines the experience of economic stress in families with children as a result of the recession.

12.0k

Nov 9th 2017, 6:10 AM

# budget 2018

The tourist industry could lose its 9% VAT rate as it's 'under consideration' for Budget 2018

Restaurants and hotels express concerns as 1% hike is on the cards.

10.3k

Sep 28th 2017, 6:25 AM

# Divorce

Recession's toll on divorce rates ends as applications return to 2008 levels

Divorce applications from 2015 were the highest level of this century.

15.7k

Sep 14th 2017, 10:13 AM

# Personal finances

Irish consumer confidence hits highest level since recession

Ireland is now the fourth most confident country in Europe, overtaking the UK for the first time in almost nine years.

6.1k

Aug 17th 2017, 6:01 AM

# Stress

The number of heart-related deaths rose significantly in Ireland after the 2008 crash

A study found a 17.2% increase in cardiovascular-related deaths following the 2008 economic crash.

6.6k

Aug 9th 2017, 8:57 AM

# greatest hardship

Brian Cowen says he 'deeply regrets' the number of jobs lost during the recession

Despite this, however, the former Taoiseach defended his government’s policies in the downturn.

18.5k

124

Jul 27th 2017, 8:13 AM

# seek the netherlands

A Wicklow business is Brexit-proofing itself by eyeing-up the Dutch market

“People hoping Brexit won’t happen,” businessman Paul Jacobs says. “Hope is for mass on Sundays.”

17.7k

Jul 15th 2017, 11:00 AM

# 1994

20 things all Irish people born in 1994 will have strong memories of

Worrying about what would happen if you didn’t pass as 12 when you tried get into Spin.

9.2k

Mar 28th 2017, 9:00 PM

# i O U

Remember the developers who 'exited Nama'? Most paid less than half their debts

51 out of 505 debtors that exited Nama paid 10% or less of their debts.

18.4k

Jan 27th 2017, 6:07 PM

# Gadget Preview

Ford has teamed up with Amazon to create a personal driving assistant

We take a look at Alexa in the Car which was unveiled at this year’s CES.

431

Jan 9th 2017, 11:43 AM

# a herculean effort

Greece is out of recession for first time in two years

Greek government has claimed its economy is now in better shape than at any point since the financial crisis.

16.3k

Nov 14th 2016, 8:48 PM

# massive increase

For the first time in years, more people are migrating into Ireland than leaving

There’s also been a surge in migrants with Irish nationality arriving in the country.

23.2k

Aug 23rd 2016, 12:30 PM

# waterford walls

Waterford locals have started a movement to reclaim their city's streets

And they’re doing it with art.

30.3k

Aug 21st 2016, 8:30 PM

# opportunities

Father who returned to education received Leaving Cert results with his teenage daughter

In Ireland, 21% of people aged 25 to 64 have never completed upper secondary-level education.

28.7k

Aug 17th 2016, 7:30 PM