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EU states back deficit sanction procedure for Spain, Portugal

European Union finance ministers endorsed on Tuesday a deficit sanction procedure for Spain and Portugal, paving the way for the EU executive to propose possible fines in the next 20 days.

Irish GDP growth at staggering 26.3pc last year, economist says figures are ‘meaningless’

The Irish economy grew, in GDP terThat’s dramatically faster than the 7.8pc growth rate estimated in March, the Central Statistics Office said this morning.

Ziggurat spends €400m buying up student accommodation sites in Dublin, Galway and Cork

Average rents of €200 to €250 per week per room at Montrose

European stock markets seen opening higher

European stock markets were seen opening higher on Monday, according to pre-market calls from financial bookmakers, tracking gains on Asian and US equity markets. Britain’s FTSE 100 was seen opening up by 30-34 points, or 0.5pc higher. Germany’s DAX was […]

Construction expansion rate speeded up in June – index

The pace of construction sector expansion quickened last month, new figures indicate.

‘We are copying Ireland’ – UK’s tax cut to boost FDI

Cutting the UK’s corporation tax rate to 15pc would boost foreign investment there by almost 11pc and reverse any declines suffered as a result of Brexit, a think tank has said.

US Revenue demands answers on Facebook’s Irish assets

US officials have gone to court demanding answers from Facebook about the tax due when the social media giant moved key assets to Ireland.

Brexit: Could one of these cities replace London as Europe’s financial centre?

It has been argued that the separation of the UK from the European Union, when Government triggers Article 50, could jeopardise London’s position as the financial centre of Europe. But how likely is it that other European cities could take […]

Glan Agua to create 60 new jobs after opening new Irish HQ

Water and waste solutions firm Glan Agua and civil engineering company MEIC have both opened new offices in Loughrea, Galway, as they look to add 60 new jobs over the next five years.

European shares gain after three-day losing streak

European shares rose on Thursday after a three-day losing streak, buoyed by gains in major consumer goods stocks such as Danone and Associated British Foods.

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