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Seapoint in Dublin. Has Covid-19 permanently altered our behaviour? Photograph Nick Bradshaw/The Irish Times

Chris Johns: Past is another country when it comes to our post-pandemic future

Economy
Chris Johns
May 31, 2020, 12:11

This recession is not like previous ones so there is precious little to learn from being fixated on them

Ibec CEO Danny McCoy: ‘Length of the lockdown will help determine the scale of the fall in economic activity.’ Photograph: Alan Betson

Ibec wants all businesses to be allowed reopen next month

Economy
Barry O'Halloran
May 29, 2020, 19:01

Danny McCoy also says Government should halve the social distancing rule to 1m

EU Commissioner for the Internal Market Thierry Breton, right, and economy commissioner Paolo Gentiloni at a media conference on the InvestEU programme. Photograph: Olivier Matthys/pool/AFP via Getty

EU promises billions to help companies weather the impact of Covid-19

Economy
Naomi O’Leary
May 29, 2020, 17:35

Investment will focus on healthcare, space, defence, digital and green technologies

Mothers returning to work from maternity leave are now eligible for scheme in which the wages of certain workers affected by the coronavirus pandemic are subsidised by the State.

Donohoe tweaks wage subsidy scheme so mothers returning from maternity qualify

Economy
Mark Paul
May 29, 2020, 16:45

Revenue to implement it and will be backdated to March 26th

The data shows consumer lending was also significantly impacted by the coronavirus crisis, with a € 277 million decline in April

Household savings soar as consumers stop spending

Economy
Charlie Taylor
May 29, 2020, 16:26

Covid-19: New figures from the Central Bank show deposits rose by record €3bn in April

Supporters of the Michigan Conservative Coalition protest against the state’s extended stay-at-home order, amid the spread of the coronavirus disease in Lansing, Michigan. Photograph: Seth Herald/Reuters

‘Never mind GDP; the most fundamental job of any leader is to keep his people alive’

Economy
Paul Krugman
May 29, 2020, 16:06

America’s rush to reopen the economy is a vast and dangerous experiment

The headline inflation figure was the lowest annual level since June 2016

Euro zone flash inflation at four-year low in May

Economy
May 29, 2020, 10:29

Consumer prices in the 19 countries sharing the euro declined by 0.1% in month of May

Mariana Mazzucato: The pandemic is a wake-up call

‘The recovery needs to be a full-scale economic renewal’

Economy
Cliff Taylor
May 29, 2020, 09:28

Top economist Mariana Mazzucato on ‘doing economics differently’ in a post-Covid-19 world

Chief medical officer Dr Tony Holohan speaking during a press conference at the Department of Health. Photograph: Colin Keegan/Collins Dublin

Small businesses are cannon fodder in zealous anti-virus experiment

Economy
Mark Paul
May 29, 2020, 07:47

The glacial pace of economic reopening may satisfy the scientists but will spur hardship

The US continues to be the most active investor country for Ireland, accounting for 61% of 2019 projects. File photograph: iStock

FDI investment to the Republic to fall by 20% this year

Economy
Charlie Taylor
May 29, 2020, 05:32

The State is now in eighth spot in a ranking of most attractive European locations for FDI

The US continues to be the most active investor country for Ireland, accounting for 61% of 2019 projects. File photograph: iStock

Covid-19 crisis to trigger 20% fall in FDI

Economy
Charlie Taylor
May 29, 2020, 05:32

The State is now in eighth spot in a ranking of most attractive European locations for FDI

Because of Dublin’s low density, buses have a key role to play in keeping the city moving. Photograph: Nick Bradshaw

Ireland stands to benefit in a big way from investing in public transport

Economy
John FitzGerald
May 29, 2020, 05:02

John FitzGerald: Good public transport improves quality of life and lowers greenhouse gases

Dutch prime minister Mark Rutte: ‘Countries that are bailed out will have to say what they will do to make sure this situation does not arise again.’ Photograph: EPA

EU Covid bailouts must be linked to fiscal reforms – Dutch PM

Economy
Peter Cluskey
May 28, 2020, 17:57

Mark Rutte’s comments likely to worry Italy and Spain

Consumers will not be comfortable taking an international flight or staying in a hotel in the coming months, according to a new survey. Photograph: Brian Lawless/PA Wire

Consumers hesitant about travel as Covid-19 restrictions ease

Economy
Ciara O'Brien
May 28, 2020, 15:12

International flights and hotel stays are low on list of priorities as consumer anxiety rises

Joseph Louis joins others in a protest at unemployment rates in Florida. More than one in four American workers has now applied for unemployment benefits during the coronavirus pandemic. Photograph: Joe Raedle/Getty Images

Covid-19 pandemic forces one in four US workers to claim jobless relief

Economy
May 28, 2020, 13:59

Another 2.1m Americans file for unemployment benefit bringing 10-week total to 40.8m

Minister for Finance Paschal Donohoe defended the slow pace of reopening the economy, saying that it will give consumers more confidence when it is complete. Photograph: Leon Farrell/Photocall Ireland.

Paschal Donohoe sees consumer ‘prize’ in slow reopening of economy

Economy
Joe Brennan
May 28, 2020, 11:53

Consumers ‘not confident’ in countries that have moved more quickly, minister says

The non-food retail sector is among those is real trouble as a result of Covid. Photograph: Dara Mac Dónaill

Four things that could help Ireland escape from the Covid-19 recession

Economy
Cliff Taylor
May 28, 2020, 10:50

Smart Money: Major reports from IFAC and the ESRI point to what might come next

Rush hour traffic in Dublin. A new report warns of tought times ahead for the city

Job losses in tourism and retail in Dublin could be permanent, new report warns

Economy
Charlie Taylor
May 28, 2020, 10:21

New report suggests that some tourism and retail jobs impacted by Covid-19 may never return to the capital

European Commission president Ursula von der Leyen during a plenary session of the European Parliament in Brussels on Wednesday. Photograph: Olivier Hoslet/EPA

What is in the EU’s €750bn recovery plan and how will it affect Ireland?

Economy
Naomi O’Leary
May 27, 2020, 20:44

Q&A: What are the main stumbling blocks, and how will the plan affect Ireland?

Dublin port accounted for 63 per cent of all vessel arrivals here in the fourth quarter

Irish ports recorded pre-Covid dip in traffic levels

Economy
Charlie Taylor
May 27, 2020, 14:25

Main Irish ports handled 12.8m tonnes of goods in the fourth quarter of 2019

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