Economic News | Ireland & World Economy Headlines |The Irish Times

Paschal Donohoe, Minister for Finance and president of the Eurogroup, with Matthias Corman, head of the OECD, during the G7 finance ministers meeting in London earlier this month. Photograph: Andy Rain/EPA

6:58 Europe has done a number on the Irish corporate tax rate

Economy
Mark Paul
June 18, 2021, 05:15

Economy commissioner’s speech shows EU could compromise principles further

Paschal Donohoe, Minister for Finance. A great benefit of Ireland’s current tax regime is it has given firms certainty. Thus, we need the outcome to the international tax debate to be something which is seen as a permanent and fair settlement. Photograph: Alberto Pezzali - WPA Pool/Getty Images

4:58 Ireland must be part of the solution, not the problem when it comes to global tax

Economy
John FitzGerald
June 18, 2021, 05:15

Been seen as a tax haven has been damaging to Ireland’s reputation

NTMA chief executive Conor O’Kelly was appointed in 2015 on an initial five-year term, which was extended in 2020. Photograph: Alan Betson/The Irish Times

National debt agency hunts for new boss as Conor O’Kelly due to step down

Economy
Cliff Taylor
June 17, 2021, 21:09

O’Kelly’s successor faces task of managing enlarged debt pile due to Covid crisis

The Treasury bills, which have a maturity of 6 months, were sold at a yield of -0.622 per cent.

NTMA sells €750m of Treasury bills at an auction

Economy
June 17, 2021, 11:11

Total bids received amounted to over €1.8bn, 2.45 times the amount on offer

A person holds a Bitcoin token at the Bitcoin ATM in El Zonte, El Salvador, on Monday. Photograph: Cristina Baussan/Bloomberg

World Bank rejects El Salvador request for help on bitcoin implementation

Economy
June 17, 2021, 09:38

Bank says it cannot lend support given cryptocurrency’s ‘environmental and transparency shortcomings”

Website tracker Downdetector.com initially flagged Southwest Airlines as one of the sites affected. Photograph: Kamil Krzacynski/AFP

Airlines, banks and governments hit by internet outage

Economy
June 17, 2021, 08:50

Australia’s central bank among sites that went down briefly on Thursday

Jermoe Powell: ‘In coming meetings, the committee will continue to assess the economy’s progress toward our goals.’ Photograph: Susan Walsh/AFP

Federal Reserve signals rate hikes for 2023

Economy
June 16, 2021, 21:17

Fed’s latest policy statement drops reference to pandemic dragging down economic growth

Shoppers on Grafton Street, Dublin. File photograph: Gareth Chaney/Collins

3:10 Irish economy likely to experience two-speed recovery, IMF says

Economy
Eoin Burke-Kennedy
June 16, 2021, 21:14

Fund, however, warns of risk from Covid variants, Brexit and taxation

The IMF estimated that about a third of the required investment would need to be on climate-sensitive infrastructure relating to energy supply, transport, water and waste. Photograph: EPA

State needs to invest €20bn a year to achieve emissions target, IMF says

Economy
Eoin Burke-Kennedy
June 16, 2021, 17:58

Government’s climate legislation commits to annual emissions cut of at least 7%

US treasury secretary Janet Yellen referred to aspects of the plan which would put pressure on countries to adopt a new agreed minimum rate. Photograph: Justin Tallis, WPA Pool/ Getty

US raises stakes in drive for agreement on minimum corporate tax

Economy
Cliff Taylor
June 16, 2021, 17:34

Irish companies with US operations could be hit if Ireland does not fall into line

Central Bank governor Gabriel Makhlouf spoke of a “paradox” whereby economic disruption has coincided with scope for liquidity-driven growth in house prices. Photograph: Nick Bradshaw

Strong house price growth likely to continue for next year or more, Central Bank warns

Economy
Eoin Burke-Kennedy
June 16, 2021, 12:59

Regulator says mismatch between supply and demand will fuel further inflation

The CSO said existing dwellings accounted for 85 per cent of the homes purchased, while the balance of 14.7 per cent were new dwellings. Photograph: Bloomberg

House prices grow at fastest level recorded in more than two years

Economy
Eoin Burke-Kennedy
June 16, 2021, 11:35

Dublin prices rise 3.5% over 12 months while prices outside capital increase 5.4%

Facebook’s Dublin headquarters. The group has decided to allow some of its employees to work from overseas permanently. Photograph: iStock

Varadkar says high Irish tax rates are a problem – is he correct?

Economy
Cliff Taylor
June 16, 2021, 11:35

Smart Money: Tax rates are only part of the story

The US problem is that protection – a tax on the domestic economy, mainly consumers, for the benefit of producers – is a politically acceptable but ineffective substitute for a well-designed social safety net. Photograph: AFP via Getty

Xenophobia and nostalgia driving rise of US protectionism

Economy
Matin Wolf
June 16, 2021, 10:34

Martin Wolf: Liberal trade should not be spurned

Details of Revenue’s latest list of tax defaulters have been published.

Motor dealer owes Revenue €11.7m in one of largest ever settlements

Economy
Colin Gleeson
June 15, 2021, 18:23

List of tax defaulters also shows settlements made by Cork sailor as well as top oncologist

The United States and Europe are expected to announce a five-year suspension of tariffs in their 17-year-old dispute over aircraft subsidies. Photograph: Balint Porneczi/Bloomberg

US and EU agree truce over Airbus-Boeing subsidy tariff row

Economy
Naomi O’Leary
June 15, 2021, 14:25

Agreement is positive for Irish exports that got caught up in the fallout of aircraft dispute

Brexit has accelerated trade between the Republic and Northern Ireland asmore firms use the North to bypass customs checks, according to new CSO data. Photograph: Bryan O’Brien

Brexit accelerates North-South trade as more firms use NI to move goods

Economy
Eoin Burke-Kennedy
June 15, 2021, 12:37

CSO figures point to pick-up in imports and exports to Northern Ireland

LGIM is one of the world’s largest investment firms with €1.4tn in assets

3:40 Climate change activist investor urges Kerry Group to do more

Economy
Eoin Burke-Kennedy
June 15, 2021, 10:47

UK investment giant Legal & General blacklists firms for failing to address climate issue

British Prime Minister Boris Johnson welcomes Australian Prime Minister Scott Morrison at 10 Downing Street. Andy Rain/EPA

Australia says trade deal with Britain agreed

Economy
June 15, 2021, 07:03

Talks at G7 meeting overcome outstanding issues, officials say

Am I paying twice on contribution to Fair Deal nursing home care?

Economy
Dominic Coyle
June 15, 2021, 05:55

Q&A: Dominic Coyle

1
2
3
4
5
Next ›

Subscriber Only

Most Read in Business

1 Chartered Land submits plan for 30-storey tower in Dublin city centre

2 City hotels in crisis; property titans fall out; and airlines look for green light

3 Kerry Group seals €819m deal to sell consumer foods unit to US firm

4 Europe has done a number on the Irish corporate tax rate

5 Just 13% of Dublin city hotel rooms booked for summer

Real news has value

Inside Business

Sponsored

All changed in the retail landscape

All changed in the retail landscape

The transformation of the retail sector began long before anyone had heard of coronavirus, but the Covid-19 pandemic has served to accelerate it

Latest Business

City hotels in crisis; property titans fall out; and airlines look for green light 06:41

Just 13% of Dublin city hotel rooms booked for summer 05:39

Recovery in Irish aviation requires substantial Irish Government cash 05:32

Europe has done a number on the Irish corporate tax rate 05:15

Ireland must be part of the solution, not the problem when it comes to global tax 05:15

Columnists

Mark Paul - Business Affairs Correspondent

Europe has done a number on the Irish corporate tax rate

John FitzGerald

John FitzGerald -

Ireland must be part of the solution, not the problem when it comes to global tax

Sign In

Forgot Password?

Sign Out