How do you encourage the next great invention? Many believe it would be achieved by introducing a tax credit for research and development. As t(...)

Labour Minister for Public Expenditure and Reform Brendan Howlin and Fine Gael Minister for Finance Michael Noonan. Labour’s problems are compounded by the fact that its own pre-election pledges and promises were made in laboratory conditions and could not be sustained. Photograph: Frank Miller

At times combing through the staff reports of the EU Commission and the International Monetary Fund this week, you were reminded of the old can(...)

Minister for Finance Michael Noonan,  and chief executive of the IMF Christine Lagarde in Dublin Castle last month. Photograph: Alan Betson

The recapitalisation of Ireland’s banks by the European Stability Mechanism (ESM), Europe’s permanent bank bailout fund, “could play an invaluable (...)

Ann Nolan, Second Secretary Dept of Finance, with John Palmer, Principal,Dept of Finance (left) and David Owens, Principal, Dept of Public Expenditure and Reform, at the presentation of the Exchequer Returns for End-March 2013, at the Department of Finance  today. Photograph: Eric Luke/The Irish Times

The Exchequer deficit for the first quarter of 2013 stood at €3,695 million, €568 million lower than in the same period of 2012. According the Depa(...)

The IFSC accounts for 15 per cent of multinational employment in Ireland, and contributes 7.7 per cent of Irish GDP.   Photograph: Bryan O'Brien/The Irish Times

Ireland must make the most of its reputation as the place to develop software and new technologies if the IFSC is to prosper, according to John(...)

Germany's finance minister Wolfgang Schauble. Photograph: Fabrizio Bensch/Reuters

Germany’s finance minister has questioned the need for any “radical change” in Ireland’s bailout programme, dealing a fresh blow to the Governm(...)

The Cabinet yesterday accepted a proposal from Minister for the Environment Phil Hogan that new rules to encourage philanthropy should be considered.  Photograph: David Sleator  The Cabinet yesterday accepted a proposal from Minister for the Environment Phil Hogan that new rules to encourage philanthropy should be considered. Photograph: David Sleator

The announcement of next year’s budget has been brought forward to October 15th as part of a reordering of the entire budgetary process. The Go(...)

Kieron Brennan, chief executive of the Irish League of Credit Unions has written to Ireland ’s 12 memb(...)

A man withdraws money from an automatic teller machine at a branch of Bank of Cyprus. A euro zone proposal would see Cyprus receive a bailout worth ¤10 billion but it has demanded depositors in its banks forfeit some money to stave off bankruptcy. Photograph: Reuters

Cyprus has postponed its parliamentary vote on a bank deposits levy until tomorrow.  Yiannakis Omirou, the speaker of parliament, said the(...)

People wait to use the ATM machines outside a Laiki Bank branch in the Cypriot capital  Nicosia yesterday. Photograph: Petros Karadjias

The Cypriot parliament will hold an emergency debate this afternoon on the terms of Cyprus ’s bailout deal amid mountin(...)

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