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- Property prices fall 16.4%Thu, May 24, 2012The decline in the residential property market continued over the year to the end of April, new data from the Central Statistics Office showed today.
- Nama planning to invest €2bnWed, May 23, 2012The National Asset Management Agency is to invest about €2 billion by 2016, creating up to 35,000 jobs, its chairman said today.
- OECD warns on euro crisis spilloverWed, May 23, 2012GLOBAL RECOVERY could be derailed by the euro crisis, the Organisation for Economic Co-operation and Development (OECD) warned yesterday.
- Honohan takes pay cuts as Central Bank posts €1.2bn profitTue, May 22, 2012CENTRAL BANK governor Patrick Honohan took a 15 per cent paycut last year, handing back €41,740 of his salary and leaving himself with €234,584, according to the bank’s annual report for 2011.
- Sectarianism in workplace dampens jubilee cheerTue, May 22, 2012 BELFAST BRIEFING: THERE IS a special bank holiday in Northern Ireland to celebrate Queen Elizabeth’s diamond jubilee. You might think there are few people who would not welcome an excuse to enjoy a paid day off work regardless of the occasion, but in the North nothing is ever that simple.
- Central Bank says it is 'not comfortable' with arrearsMon, May 21, 2012The Central Bank is “not comfortable” with the high level of mortgage arrears but they were not unexpected, given the high level of household debt in the country, the bank’s governor Patrick Honohan said today.
- Noonan critical of Greek stanceMon, May 21, 2012IRELAND AND Portugal have attacked Greece for “stoking up the fire” in the euro zone with its consistent failure to adhere to austerity measures.
- Business north of Border struggling less for growth during downturnMon, May 21, 2012BUSINESSES IN the Republic of Ireland are suffering more than their counterparts across the Border as a result of the economic downturn, according to research from cross-Border body InterTradeIreland.
- The value of a non-executive perspective
Mon, May 21, 2012The non-executive director role has lost some of its prestige in recent years, but the value of having outside expertise on the board of a business means that experience will always be sought after - Lessons to remember as we rebuild our economyMon, May 21, 2012 INNOVATION TALK: ‘ECONOMIC PROGRESS, in capitalistic society, means turmoil,’ stated the Austrian-Hungarian economist Joseph Schumpeter in his Capitalism, Socialism and Democracy, first published in 1942.
- Rising level of bad loans adds to Spain's economic crisis
Sat, May 19, 2012SPANISH BANKS’ bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure investors it can clean up the sector. - Ireland 'may need' second bailoutFri, May 18, 2012Ireland's bailed-out banks may need as much as €4 billion more loan loss provisions than assumed in stress tests last year, which could "tip the balance in favor" of the country requiring a second aid program, Deutsche Bank said in a report today.
- Failure to regulate regulation could prove costlyFri, May 18, 2012 ECONOMICS: REGULATION HAS been a boom area of public policy throughout much of the industrialised world over the last four decades.
- Consumer spending still declining as retail sales slipFri, May 18, 2012The consumer economy remains in decline, with retail sales still languishing and households continuing to focus on paying down debt, according to UCD’s Consumer Market Monitor.
- Greek exit would be costly
Fri, May 18, 2012FEW KNOW HOW to navigate through complex negotiations between governments and financial institutions better than Charles Dallara. - Noonan links bailout emergence to bank debtThu, May 17, 2012THE MINISTER for Finance has linked a deal on Ireland’s bank debt and the State’s emergence from the bailout programme.
- Trade surplus falls for second monthThu, May 17, 2012IRELAND’S TRADE surplus declined for the second month in a row in March, but there was some good employment data yesterday in the form of a new survey from Ibec which showed that one in three employers hope to increase pay this year.
- Very few strategic defaults - officialThu, May 17, 2012THE NUMBER of mortgage borrowers strategically defaulting represent a “very small proportion” and will not undermine the stability of the banks, a senior Department of Finance official has said.
- O'Neill urges Ireland to vote Yes on fiscal treatyThu, May 17, 2012Voting Yes will position Ireland to remain a strong partner in the important US–Europe economic relationship, American Chamber of Commerce Ireland president Peter O’Neill said yesterday.
- Irish trade surplus falls againWed, May 16, 2012Ireland's trade surplus declined for the second month in a row in March, as imports jumped by 26 per cent but exports experienced slower growth, according to the Central Statistics Office.
