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Ireland is the fastest growing economy in Eurozone

Ireland is set to be the fastest-growing economy in the Eurozone for the second year in a row in 2015 as the recovery becomes sustainable, according to Goodbody Stockbrokers. The Dublin-based firm is forecasting growth of 4pc this year, highlighting […]

Euro languishes near nine-year low before US jobs data

The euro wallowed near a nine-year low as speculation grew that the European Central Bank will embark on quantitative easing soon and US jobs data will be good enough to cement the case for a rate hike by the Federal […]

Small firms to create 60,000 jobs in 2015

Small and medium-sized firms (SMEs) could create 60,000 jobs next year, lobby group ISME said yesterday. Almost a third of firms plan to take on staff. “It is possible that a net 60,000 jobs can be created in the SME […]

Record rise in demand for borrowing before Christmas

A pre-Christmas spending surge saw appetite for borrowing on credit cards and personal loans rise at the fastest pace since records began in 2007, figures show. As the economy continues to recover, the Bank of England’s survey of banks and […]

Irish credit unions to start giving home cover

Consumers are to benefit from greater competition in the insurance market as credit unions launch home cover. With almost three million credit union members the move is expected to shake up a market where there is already a high level […]

Opportunities, dangers and trends in 2015

Yogi Berra famously quipped that ‘it’s tough to make predictions, especially about the future’, but here are four themes which could be important for Irish business in the coming 12 months. The first is the relationship between the euro and […]

Euro hits a nearly nine-year low versus the dollar

The euro slumped to a nine-year low as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing. European shares were volatile, […]

Economy sees 3.5pc rise in GDP but pace of growth easing

THE economy grew by 3.5pc between July and September compared to the same time last year, signalling the pace of growth may be easing, official data shows. And compared to the second quarter, the economy virtually stagnated, with gross domestic […]

US group opposed to EU tax harmonisation plans to meet in Dublin

A US group, which is lobbying against efforts by the European Union to harmonise taxes on company profits, is hosting a seminar in Dublin today. The organisation called Americans for Tax Reform argues that the ability of countries such as […]

Top 10% income earners fared best in Budget 2015

The Economic and Social Research Institute has said the top 10% of income earners gained the most from Budget 2015, while the biggest losers were the poorest 10%. However, when the effects of all the Budgets since 2008 are put […]

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