Grafton Street in January 2021: The current account of the balance of payments  has always been a crucial indicator of dangerous imbalances growing in the domestic economy. Photograph: Patrick Bolger/Bloomberg

Last week the CSO published its detailed national accounts for 2020. Attention in Ireland and elsewhere focused mainly on Ireland’s rise in GDP last y(...)

Paschal Donohoe: tricky decisions ahead. Photograph: Nick Bradshaw

The current account of the balance of payments is a key indicator of the state of the economy, and a deterioration is an important signal of likely tr(...)

Minister for Finance Michael Noonan. If we have been running a significant deficit in 2016, the right response should be a tough budget. Photograph: Alan Betson

A key indicator of the health of any economy is the current account of the balance of payments. This covers the financial flows relating to the differ(...)