Fianna Fáil leader Micheál Martin. Photograph: Alan Betson

The Dáil is facing another stalemate next week with the overwhelming majority of Independent TDs unlikely to vote for either Enda Kenny or Micheál Mar(...)

Prof John McHale, chair of the Irish Fiscal Advisory Council: “You don’t want to  repeat the mistakes  in the past, which comes from pro-cyclical budgeting. If we are hit with some negative shock in the future we don’t have to have this big austerity programme to pull us out of it.” Photograph: Brenda Fitzsimons / The Irish Times

Pro-cyclical policy, a lack of proper midterm economic planning and high levels of debt are the main risk factors facing the Government, according to (...)

In the days before Budget 2016, the Government announced its intention to have a large and unexpected increase in spending for 2015. Photograph: Alan Betson / The Irish Times

After the harrowing crisis years, the Irish economy is now experiencing an impressive recovery. Real GDP growth is forecast to reach 6.2 percent this (...)

German finance minister Wolfgang Schäuble and Minister for Finance Michael Noonan at yesterday’s eurogroup meeting in Brussels. Photograph: Reuters

Minister of Finance Michael Noonan has said he is confident the European Commission will approve Budget 2016 in the coming weeks, despite concerns fro(...)

Patrick Honohan, outgoing governor of the Central Bank. Photograph: Alan Betson / The Irish Times

The rate of economic growth is being exaggerated and may be leading to overconfidence in planning for the future, the outgoing Central Bank governo(...)

Professor John McHale, Chairman of  Irish Fiscal Advisory Council. Criticised Budget 2016.Photograph; Dara Mac Dónaill / The Irish Times

Should we ignore the spirit of the EU fiscal rules which require countries with deficits to reduce them faster in times of economic growth simply beca(...)

Tánaiste Joan Burton at a press conference on the 2016 Budget at Government Buildings. Photograph: Alan Betson/The Irish Times

Differences are emerging between Fine Gael and Labour over plans to abolish the universal social charge during the lifetime of the next government. T(...)

Representatives from the Troika will travel to Dublin next month as part of the fourth post-bailout review of the Irish economy, as controversy over I(...)

John McHale (left), chairman of the Irish Fiscal Advisory Council, and Graham Stull, EU Commission, at the Budget Perspectives conference in Dublin. Photograph: Dara Mac Dónaill

The State’s budgetary watchdog has again warned the Government its plans for spending increases and tax cuts in the budget run counter to the “lette(...)

Taoiseach Enda Kenny has described the warnings from Irish Fiscal Advisory Council about the Government’s budget planning as “a valuable set of observ(...)