DAA bonuses, Nama’s deadline for Ringsend, and EU solidarity fighting Covid-19
Business Today: the best news, analysis and comment from The Irish Times business desk
A Ryanair plane on the runway at Dublin airport passes near Aer Lingus planes. DAA staff at Dublin and Cork airports last week received profit share and other bonus payments due for the 2019 financial year. Photograph: Artur Widak/NurPhoto via Getty Images
Nama has set April 20th as the deadline for final bids for the former Irish Glass Bottle site in Ringsend. Barry O’Halloran assesses if any bids are likely to come forward in light of the impact of the Covid-19 pandemic on the global economy.
The Covid-19 crisis shows drastic economic policy changes can happen, says high profile French author and economist Thomas Piketty, who has written a second book on global politics and wealth inequality.
Werner Hoyer, president of the European Investment Bank, says EU member states need to work together and create a common plan to counter the devastating impacts of the Covid-19 pandemic on their economies.
In Me & My Money this week, Padraig McGillicuddy, general manager and proprietor of Ballygarry House Hotel in Kerry says haggling over prices can cost you more in the long run.