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Iceland removes last post-crash controls

Iceland’s finance ministry said yesterday that in the coming week it would lift the remaining capital controls that have been in place since the financial crisis in 2008, easing restrictions on households and businesses.

Heavyweight Great West weathers lacklustre year

The great banking collapse of 2008, which still echoes resoundingly up and down the corridors of Irish business, had one small incidental spin-off. It helped Ireland introduce itself to the prudent conservatism of Canadian banking and financial services.

Boost in activity for construction sector

Activity in the construction sector is expanding at a “sharp and accelerated” rate according to the latest Ulster Bank Construction Purchasing Managers’ Index (PMI).

Cairn boss attacks office-building ‘imbalance’

Dublin city will only see 800 new apartment units come to market over the next 18 months, according to the ceo of listed housebuilder Cairn Homes.

Euro up as rate hike in 2018 is now on the cards

Mario Draghi, perhaps one of the most relaxed central-bank communicators in recent years, can stumble over his lines for once without anyone really losing the plot.

Rise in State spending ran ahead of growth last year

The rise in Government spending – led by wages – raced ahead of growth in the domestic economy last year, according to official figures.

Galway marina on 20-acre site offers ‘excellent potential’

Two years on from securing €1.7m for the 7.8-acre Lough Derg Marina in Killaloe, Co. Clare, agents CBRE are offering prospective buyers an opportunity to acquire an established private marina facility in Galway.

State has until 2020 to repay €52bn, TDs told

The State must refinance €52bn in debt by 2020 – more than the entire national debt before the financial crash, the head of the National Treasury Management Agency (NTMA) has said.

Misery index fails to convey dangerous public cynicism

WHATEVER happened to the misery index? Once upon a time a combination of inflation, unemployment and growth seemed to provide a reliable indicator of a government’s popularity.

Origin Enterprises buys assets of UK company for €21m

Irish agri group Origin Enterprises has acquired assets from UK-based Bunn Fertiliser in a deal expected to cost around £18.2m (€21m).

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