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MEP calls for ‘urgent’ investment in regions

Failure to invest in critical regional infrastructure could jeopardise economic growth in the south of the country and limit business development, according to Fine Gael MEP Seán Kelly. Crucial transport infrastructure must be prioritised to safeguard the initial signs of […]

Ireland set to become €8bn renewable energy hub

Ireland is poised to become an €8 billion ‘green energy’ hub on the back of a significant offshore windfarm project being planned for the north Irish Sea. Irish-owned clean energy firms, Oriel Windfarm and Gaelectric have signed a memorandum of […]

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 […]

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