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Eurozone growth halves in second quarter of 2019

Eurozone growth halves in second quarter of 2019 Eurozone economic growth halved in the April-June period and inflation slowed sharply in July even though the unemployment rate fell to its lowest in 11 years, data from the European Union’s statistics […]

110,000 fewer jobs after no-deal Brexit – Central Bank

110,000 fewer jobs after no-deal Brexit – Central Bank The Central Bank has warned of major job losses across the economy in the event of a no-deal Brexit. In its latest Quarterly Bulletin, the Central Bank forecasts 34,000 fewer jobs […]

NAMA seeking €125m for 80% stake in docklands development

NAMA seeking €125m for 80% stake in docklands development NAMA is seeking bids of over €125 million for an 80% stake in the Poolbeg West Development in Dublin’s docklands. The asset management agency will retain an interest of a fifth […]

Grocery sales slow down slightly in early summer

Grocery sales slow down slightly in early summer Grocery sales have slowed down slightly in the 12 weeks to 14 July compared to the same period last year, according to the latest Kantar figures. Overall sales are up 2.7%, compared […]

Euro zone lending continues to grow but money supply slows

Euro zone lending continues to grow but money supply slows Euro zone lending continued to grow at a steady pace in June while a money supply indicator, which often foreshadows future activity, lost pace, data from the European Central Bank […]

NAMA wind-down date extended from 2021 to 2025

NAMA wind-down date extended from 2021 to 2025 The Minister for Finance had recommended that NAMA should continue to manage its loan book beyond the agency’s expected 2021 wind-down date so as to deliver the best financial return for the […]

Planning permission granted for Wicklow data centre

Planning permission granted for Wicklow data centre An Bord Pleanála has granted planning permission to Echelon Data Centres as the company moves forward with plans to build a 100MW, 484,000 sq ft facility at the Avoca River Business Park in […]

NAMA’s profit dropped 30.5% in first quarter as amount of cash generated fell

NAMA’s profit dropped 30.5% in first quarter as amount of cash generated fell The National Asset Management Agency made a profit of €41m in the three months to the end of March, according to its first quarter results. That is […]

Tough Brexit talk fuels sharp drop in sterling

Tough Brexit talk fuels sharp drop in sterling Sterling fell sharply yesterday as both candidates to become UK prime minister talked up their willingness to execute a hard Brexit during Conservative Party leadership debates. On the eve of the Brexit […]

Consumer spending falls in June – even online – as rain and Brexit dampen mood

Consumer spending falls in June – even online – as rain and Brexit dampen mood Consumer spending has slowed at a pace not previously recorded in the past five years, according to a new analysis of spending in stores and […]

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