Pressure on ECB to buy sovereign bonds

Banks are not expected to take up all the long-term European Central Bank loans offered on Thursday, increasing pressure on the ECB to begin buying sovereign bonds to hit a self-imposed stimulus target. The ECB is offering banks the cheap, […]

European IPOs reach levels last recorded in 2007

Close to €50 billion has been raised on European equity markets this year, easily surpassing the combined total secured in the whole of 2012 and 2013, according to figures compiled by PwC. In October and November, 55 companies raised €8.5 […]

First time buyers less likely to fall behind on mortgage payments – research

New research from economists based in the Central Bank shows that first-time buyers have lower default rates than other participants in the housing market. The research appears to bolster the case for the Central Bank easing off on plans to […]

UK ‘Google tax’ will target ‘Double-Irish’ inter-company payments

A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters. Companies will also be […]

Recession had already hit parts of country over a decade ago – ESRI

LARGE chunks of Ireland entered recession a whole six years before the country as a whole, according to new research. Both the South East and South West went into recession more than a decade ago, according to new research from […]

Main Irish banks have submitted proposals on new mortgage rules

The deadline for the receipt of submissions on the proposed introduction of a cap on mortgages, which is due to be introduced early next year, passed at midnight. It is understood that all the main banks submitted proposals on the […]

Irish family businesses lag behind competitors in global poll

Irish family businesses need to adapt faster and become more professional, according to a new report from PwC. PwC’s ‘Irish Family Business Survey’ for 2014 also shows that compared to other Irish business sectors, family businesses here see themselves as […]

Central Bank urged to row back on proposed mortgage rules

Central Bank urged to row back on proposed mortgage rules. Ulster Bank has told the Central Bank that borrowers should be required to have a deposit of just 10 per cent if looking for a mortgage of up to €500,000, […]

Euro zone morale improves in December on prospect of ECB money-printing

Sentiment in the euro zone picked up in December as investors took a brighter view of the future, probably due to expectations that the European Central Bank will start buying assets next year, a survey showed on Monday. Sentix research […]

Setback for banks as tender for new credit bureau goes overseas

The Central Bank has chosen Italian credit checker CRIF as the preferred bidder to operate the new central credit register, the Irish Independent understands. Early last week, the Bank chose the Italian company ahead of rivals including the Irish Credit […]

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