Central Bank figures show the average rate charged on new mortgages here over the past 12 months was 2.83 per cent, compared to a euro area average of 1.35 per cent. Image: iStock

Irish consumers can expect pay at least €80,000 more than their European counterparts on a €300,000 mortgage over 30 years because of the premium char(...)

 The MEPs approved the appointment of the long time Fine Gael representative with a decisive vote of 583 in favour and 75 against on Wednesday. Photograph: Stephanie Lecocq/ EPA

Mairead McGuinness has been approved by the European Parliament to be Ireland’s commissioner, taking up the brief of financial services. In a vote on(...)

EU commissioner designate Mairead McGuinness attends her hearing in Brussels, Belgium.

Ireland’s EU commissioner designate Mairead McGuinness has pledged to leave her green jersey “at the door” and insisted she will “strongly support” th(...)

Mairead McGuinness: ‘I have a deep understanding of the importance of financial stability and financial services for business, society and citizens.’ Photograph: Nick Bradshaw

Ireland’s commissioner designate Mairead McGuinness will face questions on Friday morning on topics ranging from Brexit, banking union and Covid-19 to(...)

Mairead McGuinness: nominated for the European Commission. Photograph: Dara Mac Dónaill

A hearing to decide whether to confirm Ireland’s commissioner-designate Mairead McGuinness as the new chief of financial services will take place on O(...)

Investment in the Irish economy last year totalled €162 billion, or €3 billion a week. No other country in the world had a bigger per capita investment. Photograph: iStock

Ireland can’t seem to lose on tax. Every few months a gun is pointed at our l2.5 per cent corporation tax rate or we’re blasted as a tax haven, a sop (...)

Minister for Finance Paschal Donohoe said the next phase of banking union was so important “because that is how we unlock new sources of capital for all members to fund more job creation”. Photograph: Collins

Minister for Finance Paschal Donohoe will urge euro-area finance ministers to use the Covid-19 crisis as an opportunity to complete European Union ban(...)

Mairéad McGuinness, the Fine Gael MEP, who has been nominated to serve as a member of the European Commission. Photograph: RollingNews.ie

MEP Mairéad McGuinness’s nomination to a commissionership with responsibility for banking and financial services will put the Irish woman in a key rol(...)

Fine Gael County Councillor Colm Markey

Louth County Councillor Colm Markey will replace Mairead McGuinness as Fine Gael MEP for the Midlands–North-West constituency following her nomination(...)

Valdis Dombrovsk has been name as the new European Commission trade commissioner.

Valdis Dombrovskis has been named as the new EU trade policy chief following the shock departure of Ireland’s Phil Hogan last month. European Commiss(...)

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