Banking union will make lenders safer – ECB’s Enria

The man responsible for leading the supervision of banks across Europe has said success in making lenders safer and sounder hinges on completing the banking union, particularly a European wide deposit protection scheme.  The man responsible for leading the supervision […]

Euro zone retail sales pick up in September

Euro zone retail sales accelerated more than expected year-on-year in September, data from the European Union’s statistics office showed today, pointing to sustained domestic demand in Europe.  Eurostst said retail sales in the 19 countries sharing the euro rose 0.1% […]

Brexit impacting trade flows but not tariffs

The UK’s importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank. As part of its Navigator survey, the bank spoke to 9,000 companies in 35 countries.  Just under half of Irish […]

Tax revenues running slightly ahead of targets

Exchequer figures for the month of October show that Government tax revenues for the first ten months of the year running slightly ahead of target.  Total tax revenues stood at €44.973 billion at the end of October, which was €706m […]

Euro zone investor morale rebounds in November

Morale among investors in the euro zone jumped in November to its highest level since June on signs of an economic upswing in Asia and resilience in the US economy, a new survey showed today.  The Sentix research group said […]

Consumer sentiment slumps further as Brexit rumbles on

Consumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today.  While the economy here has remained the fastest growing in the EU […]

Brexit already having ‘rising negative effect on a third of all businesses’

More than a third of firms across the island of Ireland say Brexit is already having an adverse impact. This is according to the latest all-Island business monitor from InterTrade Ireland. With continued uncertainty around what the UK’s exit from […]

Campaigners call for further reform of insurance market

Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. Campaign groups have described the introduction of new rules to improve transparency on motor insurance pricing as a welcome step. But they say further moves and […]

New rules agreed for distressed mortgage holders

An agreement on how to resolve disputes between lenders and distressed mortgage holders has been reached between two leading agencies. MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it […]

Manufacturing conditions improve after four month slump

Manufacturers reported an improvement in business conditions during October, following four months of steady decline. The latest AIB Manufacturing Purchasing Managers’ Index has recorded growth in new orders and output, with employment also improving in the month. It marks the […]

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