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Pressure on Ireland as UK cuts corporate tax

The UK is to cut its corporate tax rate from 20% to 18% by 2020; thus lessening Ireland’s advantage in attracting foreign direct investment. The North is also seeking to get a special rate in the next few years of […]

ECB takes steps towards bank bail-in

In carefully choreographed moves, the ECB has agreed to continue providing emergency liquidity assistance to Greek banks, but adjusted the collateral needed, in effect taking the first steps towards a Greek bank bail-in. At the same time, the Greek Central […]

House price growth slowest in Dublin in second quarter

The growth in house prices in Dublin was significantly slower than elsewhere in the country for the second quarter in a row. The figures are in the latest House Price Report from property website Daft.ie. The report shows that the […]

ECB takes steps towards bank bail-in

In carefully choreographed moves, the ECB has agreed to continue providing emergency liquidity assistance to Greek banks, but adjusted the collateral needed, in effect taking the first steps towards a Greek bank bail-in. At the same time, the Greek Central […]

Lagarde: IMF ready to assist Greece ‘if requested’

Managing Director of the International Monetary Fund Christine Lagarde has said the global crisis lender is “ready to assist Greece if requested”. “The IMF has taken note of yesterday’s referendum held in Greece. We are monitoring the situation closely and […]

Irish and European stocks fall after Greece referendum

Irish and European stocks fell this morning on the back of the “No” vote in the Greek referendum. The ISEQ index of Irish shares was down 1.18pc at 8:05 am. The FTSE 100 was down 1pc at 8:06, while in […]

Greece crisis: Taoiseach rules out debt write down for embattled Mediterranean country

Taoiseach Enda Kenny has again ruled out a debt write-down for Greece but has backed debt restructuring for the embattled Mediterranean country. The move would see some of the country’s debt parked for a number of years until a time […]

€11.35m CRO filing penalties account for 61% of revenues

The bulk of revenues generated by the Companies Registration Office (CRO) last year came from penalties imposed on companies filing late annual accounts. According to the CRO’s 2014 annual report, the CRO last year increased the income from late filing […]

Permanent TSB to cut rates on variable-rate mortgages

Permanent TSB has announced interest rate changes for customers with variable rate mortgages. More than 70,000 people with homeloans on rates of 4.5% will move to new rates starting at 3.7%. The exact rate will vary according to how much […]

New trends emerge in house prices

The latest data on residential property prices shows that, after some moderation in the opening two months of the year, they have resumed their upward trajectory, writes Oliver Mangan. Nationally, prices increased by 0.5% in May, after rises of 0.6% […]

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