Cars for export stand in a parking area at a shipping terminal in the harbour of the German northern town of Bremerhaven. German Institute for Economic Research  said a co-ordinated European response  was urgently needed, given flat euro zone growth in the second quarter and a 0.2 per cent contraction in Germany.

Berlin’s leading economic institute has called for pre-emptive investment via an EU fund to drive growth as Europe’s largest economy faces into a glo(...)

Kieran McQuinn: keeping key cost-of-living factors affordable is ‘imperative’. Photograph: Sam Boal/Photocall

Ireland appears to be defying economic logic, if there is such a thing. The economy has somehow engineered a broadly based recovery – as evidenced by (...)

Based on a study of the Irish housing market over three decades, the ESRI said prices – which rose by nearly 16 per cent in Dublin and 6 per cent nationally last year – had still not fully recovered from the preceding period of economic upheaval. Photograph: Dominic Lipinski/PA Wire

House prices are still undervalued by up to 27 per cent despite the recent recovery in market values, according to the Economic and Social Research In(...)

The link between home value and debt level ‘important when framing budgetary considerations’, say the ESRI and Central Bank. Photograph: Alan Betson

Household spending is more affected by house prices and changing debt levels in Ireland than in other countries, according to new research. As (...)

New research published by the Central Bank indicates that a lot of Irish homeowners do not correctly remember how much their home cost. Photograph: Getty Images/Stock.

It may be the single biggest purchase in their lives but most Irish homeowners have less than total recall when it comes to remembering just ho(...)

Between 1997 and 2007, real Irish house prices increased by an average of 9 per cent per annum, the highest rate for the OECD. Photograph: Alan Betson/The Irish Times

The banks pumped more money into the Irish mortgage market during the boom by increasing the “income fraction” that dictated the amount that could be (...)