The European Commission has warned that Ireland must take “decisive policy action” to address macroeconomic imbalances in the economy. File photograph: Francois Lenoir/Reuters

The European Commission has warned that Ireland must take “decisive policy action” to address macroeconomic imbalances in the economy.The in-depth rev(...)

Headline inflation has  been in what the European Central Bank calls the ‘danger zone’ below 1 per cent since October 2013. The ECB aims to keep inflation just under 2 per cent over the medium term and the risk of sustained deflation led it last month to launch a €1.1 trillion quantitative easing programme of government-bond buying. (Photograph: Martin Leissl/Bloomberg)

A sharp drop in energy prices pulled January’s euro zone consumer prices to levels last seen during the global financial crisis, with only tiny Malta(...)

The figures tell us that Ireland is taking steps to protect its most vulnerable – before State interventions, such as pensions and social welfare payments are factored in, more than half of Ireland’s population are deemed at-risk of poverty.Photograph: Thinkstock

It probably does not come as a surprise to those with very little in their wallets or purses that Ireland continues to rank among the most expensive c(...)

Year-on-year, euro zone growth was 0.9 per cent in the fourth quarter

Euro zone gross domestic product (GDP) grew by more than expected in the final three months of 2014, data from the European statistics agency Eurostat(...)

Migrants arriving at Porto Empedocle in Sicily after being rescued off the Libyian coast by a Dutch freighter. Photograph: Frank Miller

Across Europe asylum applications are on the increase and Ireland, for the first time in more than a decade, is no exception. Last year, there was an(...)

The new Central Bank rules on mortgage lending have divided opinion. Hugh Linehan and Conor Pope thrash out the pros and cons. Photograph: Daniel O’Connor.

Hugh Linehan: Conor, like you, I’ve been following with interest the debate following the announcement of the Central Bank’s new rules for mortgage l(...)

People take part in the weekend protest against water charges in Dublin. Photograph: Eric Luke/The Irish Times

When Revenue was brought in to administer the property tax, it was a triumph for efficiency. But not for politics. What had started off as a household(...)

French economist Thomas Piketty (R) listens to the translation of his speech during his press conference at Japan National Press Club in Tokyo on Sunday. Japanese language version of Piketty’s book, ‘Capital in the Twenty-First Century,’ started selling in Japan from December 2014, becoming the best-selling book in Japan. (Photograph: AFP/Getty Images)

Thomas Piketty, the French economist whose 2013 book on wealth inequality became an international best- seller, said Europe should learn from Japan th(...)

The government of Spain’s prime minister, Mariano Rajoy, which faces an election towards the end of the year, predicts Spain will grow by at least 2 per cent this year. Photograph: Angel Navarrete/Bloomberg

The collapse in oil prices has helped to push the euro zone deeper into deflation, strengthening the case for the European Central Bank’s landmark de(...)

Irish Water says the  changes announced last November “have had no net impact Irish Water’s total income”.   Photograph: Michael Mac Sweeney

The Government and Irish Water have both expressed strong confidence that the new water utility will pass the “market test” in April that upholds its (...)