Two-thirds of the way through the financial year the performance of the Irish economy has surpassed expectations – both of the Government and of econo(...)

The Department of Finance said the performance was consistent with the recovering labour market, solid employment growth and increases in average weekly earnings. Photograph: Bloomberg

The Government has received a major boost ahead of the forthcoming budget with the latest exchequer returns showing tax revenue running €1.4 billio(...)

 Minister for Finance Michael Noonan  is likely to face more calls for tax cuts on foot of the latest exchequer numbers .Photograph; Dara Mac Dónaill / The Irish Times

Tax revenues are now running €1.4 billion ahead of target thanks to a surge in corporation tax payments. Exchequer returns for the first eight months(...)

Beijing has spent $200 billion on a failed attempt to prop up the stock market and that foreign exchange reserves fell by $315 billion in the year to July 2015. Photograph: Kevin Frayer/Getty Images

David Daokui Lee, an influential Chinese economist, has argued that: “The stock market sell-off is not the problem…the problem – not a huge one, but a(...)

World stocks and commodity prices tumbled on Tuesday, as poor Chinese data saw fears about its economic health intensify. Photo: Reuters

World stocks and commodity prices tumbled on Tuesday, as poor Chinese data saw fears about its economic health intensify. After a relatively upbeat fe(...)

Alexis Tsipras, who has resigned as Greek prime minister, with new caretaker prime minister Vassiliki Thanou. Photograph: Stoyan Nenov

Former Greek prime minister Alexis Tsipras’s leftist Syriza party will emerge as the biggest party in next month’s election but without the majority (...)

Shortly after a 2009 row over a €1m bonus, INBS confirmed it had put in place a €27.6m pension fund for Michael Fingleton, which he managed and had been transferred out of the financial institution in January 2007. Photograph: The Irish Times

Michael Fingleton, or “Fingers” as he was often known, was one of the best-known chief executives in Irish business for almost four decades. He ran Ir(...)

Ukraine’s President Petro Poroshenko (L) is welcomed by European Commission President Jean-Claude Juncker (R) ahead of their meeting at the EU Commission headquarters in Brussels, Belgium. Ukraine said it has agreed a restructuring deal with creditors after five months of talks (Photograph: Yves Herman/Reuters)

Ukraine agreed a restructuring deal with creditors after five months of talks, giving President Petro Poroshenko some breathing room as he seeks to a(...)

 Angela Merkel: ‘The issue of asylum could be the next major European project, in which we show whether we are really able to take joint action,’ she told ZDF public television. Photograph: Jürgen Detmers/AFP/Getty Images

Europe’s growing refugee crisis will prove a greater test for the bloc in the long term than the standoff over Greece, according to German chancellor(...)

 IMF chief Christine  Lagarde on Friday night said in a statement: “I remain firmly of the view that Greece’s debt has become unsustainable and that Greece cannot restore debt sustainability solely through actions on its own.” File photograph: Stephen Jaffe/EPA

Greece’s debt remains unsustainable, the International Monetary Fund chief Christine Lagarde said Friday night as euro zone finance ministers approved(...)