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Enda Kenny’s pledge to cut marginal tax rate to 50% in budget assumes economic growth

The precise means to be used will only be determined next year in the light of what resources are available, but the working plan will probably be to use a similar approach to the 2015 budget. Politically, this allows the […]

Ireland set to repay first tranche of €9 billion to IMF next month

Ireland set to repay first tranche of €9 billion to IMF next month. Money will be paid from cash balances held by the National Treasury Management Agency. The Government expects to repay €9 billion of the State’s loans with the […]

Irish home loan rules ‘strictest in Europe’ – agents

NEW rules on home loans being planned by the Central Bank will be among the strictest in Europe, estate agents have said. Delegates attending the European Confederation of Real Estate Agents Conference in Dublin expressed surprise that Ireland was introducing […]

Euro zone economic sentiment rises slightly in November

Morale in the euro zone rose for the second month in a row in November as a pick-up in industry sentiment just outweighed increased pessimism among consumers. The data offered a tentative sign that the bloc is avoiding outright stagnation. […]

Central Bank head admits new mortgage deposit rules face delays

Househunters will not need a 20pc deposit when seeking a mortgage from January 1 because the Central Bank won’t meet its own deadline to enforce the new rule. Plans to cap homeloans are to be pushed back but Central Bank […]

Economy produces the best job numbers in 5 years

EMPLOYMENT is at its highest level in five years with almost 28,000 more people in a job at the end of September than in the same period last year. And the vast bulk of the new positions are full-time, with […]

Study show Ireland has most effective corporate tax system in Europe

Ireland has the most effective corporate tax system in Europe with the least amount of red tape, according to a study from PwC and the World Bank. Ireland’s effective rate comes in close to the headline rate – 12.4% – […]

Bruton says Irish firms have risen to international challenge

Jobs Minister Richard Bruton has said that Irish entrepreneurs have risen to the challenge, and taken up the message that they need to internationalise. Minister Bruton was speaking at the Deloitte Enterprise Ireland CEO Forum in Dublin Castle today. 350 […]

Juncker unveils €300bn investment plan to kick start EU growth

European Commission President Jean-Claude Juncker presented a plan today to leverage some €300bn of largely private new investment in the European Union, saying it was time to kick-start growth without adding to public debt. Underlining the need to maintain efforts […]

Centralised debt register is still two years away

IT will be at least another two years before a register of all the debts of each consumer and company is in place, it has emerged. This is despite demands from the EU Commission as far back as 2010 that […]

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