Business News

High debt pile a low risk to economy, says NTMA chief

28th February 2020

While Ireland’s stock of sovereign debt is still high, the risk it presents to the country’s economic future is now low due to a lower interest bill, better government finances and higher credit ratings. This is according to the chief executive of the National Treasury Management Agency.  “I would caution that we are still not […]

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High debt pile a low risk to economy, says NTMA chief

28th February 2020

While Ireland’s stock of sovereign debt is still high, the risk it presents to the country’s economic future is now low due to a lower interest bill, better government finances and higher credit ratings. This is according to the chief executive of the National Treasury Management Agency.  “I would caution that we are still not […]

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European stocks dive 3% as coronavirus raises recession fears

28th February 2020

European shares sank between 2% and 3% this morning as investors feared a global recession is on the horizon with the coronavirus spreading across the world. Four more countries – including Northern Ireland – reported their first cases of coronavirus, pushing the number of countries outside China, the source of the outbreak with infections, to 55.  The […]

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European stocks dive 3% as coronavirus raises recession fears

28th February 2020

European shares sank between 2% and 3% this morning as investors feared a global recession is on the horizon with the coronavirus spreading across the world. Four more countries – including Northern Ireland – reported their first cases of coronavirus, pushing the number of countries outside China, the source of the outbreak with infections, to 55.  The […]

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Prices in Ireland 27% above EU average – CSO

27th February 2020

Irish consumers pay the second highest prices in Europe, according to new figures from the Central Statistics Office.  The country also has the highest proportion across the EU of graduates in the so-called STEM subjects of mathematics, science and technology.  The Measuring Ireland’s Progress report for 2018, published by the CSO, paints a picture of […]

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Prices in Ireland 27% above EU average – CSO

27th February 2020

Irish consumers pay the second highest prices in Europe, according to new figures from the Central Statistics Office.  The country also has the highest proportion across the EU of graduates in the so-called STEM subjects of mathematics, science and technology.  The Measuring Ireland’s Progress report for 2018, published by the CSO, paints a picture of […]

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Ireland’s tax rules ‘used for aggressive tax planning’

27th February 2020

The European Commission has claimed that “Ireland’s tax rules are used for aggressive tax planning”. The claim is made in a report on the Irish economy published today. The report is part of a package of reports on all member state economies regularly produced by the Commission. The Commission makes specific reference to withholding taxes, […]

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Ireland’s tax rules ‘used for aggressive tax planning’

27th February 2020

The European Commission has claimed that “Ireland’s tax rules are used for aggressive tax planning”. The claim is made in a report on the Irish economy published today. The report is part of a package of reports on all member state economies regularly produced by the Commission. The Commission makes specific reference to withholding taxes, […]

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Consumer sentiment remains subdued in February

27th February 2020

Consumer sentiment remained subdued in February as concerns over household finances largely cancelled out optimism around the economy in general, a new survey shows today. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks. But today’s survey shows that many consumers are not seeing an improvement to their financial […]

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Consumer sentiment remains subdued in February

27th February 2020

Consumer sentiment remained subdued in February as concerns over household finances largely cancelled out optimism around the economy in general, a new survey shows today. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks. But today’s survey shows that many consumers are not seeing an improvement to their financial […]

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