Economy - Yesterday’s News
Pics: Oil laundering plant that used cat litter uncovered in Dublin
The first ever oil laundering plan found in Dublin had a potential loss to the exchequer of €1.75 million a year.
Kids have serious ‘pester power’ on family food purchases
The breakfast cereal in a family’s cupboard is often dictated by the children.
Economy - Friday 17 May, 2013
Primary teachers votes for strike action if government cuts their pay
The INTO also agreed to accept an invitation to go back to the talks table with the Labour Relations Commission.
Economy - Thursday 16 May, 2013
Minister welcomes expansion plans at Capita
As the company opens a new Dublin office, recruitment has started in a number of areas.
Eurogroup chief says Eurozone is much ‘calmer’ now than last year
Jean-Claude Juncker was comparing the Eurozone now to a year ago in Brussels.
Queen Mary II is in town and she’s bringing €500k with her
One of the largest, longest, widest, tallest and most expensive passenger liners in history will be docked in Dún Laoghaire until 6pm.
€500m worth of T-Bills sold at auction
The bills were sold at a lower interest rate this month than last month.
Jim Corr on €778k debt: “I’m a musician, I’m not good at figures”
The judge in the case said he found it difficult to understand how Corr lives rent-free in a home owned by a friend.
Economy - Wednesday 15 May, 2013
IMF gives the ok for €1 billion bailout loan for Cyprus
The IMF said the money is intended to stabilise the country’s ravage financial system.
Irish households saw one of the biggest falls in income after 2007
A report published today also warned of the increase in child poverty between 2007 and 2010.
Rabbitte: No point comparing Ireland’s oil prospects to Norway’s
The Minister for Communication and Natural Resources has said a Norwegian-style 80 per cent tax on oil finds would not work, saying: “We’re comparing apples with oranges.”
France enters recession in first quarter
French economic growth has been sluggish lately as a result of record unemployment and falling household demand – the key driver of the economy.
Economy - Tuesday 14 May, 2013
Ireland to contribute over €90 million extra to EU budget for 2013
The contribution is part of an overall contribution of €7.3 billion to cover a spending shortfall from 2012.
Cashing in: Paddy Power revenue jumps
The success of the Irish owned bookmaker continues to grow thanks to online gambling.
Howlin: Contingency plans in place for pay cuts ‘one way or another’
Brendan Howlin says the Government will accept pay deals with individual unions if an overall deal is impossible.
It might be time to say goodbye to those tiny cent coins
The European Commission is looking at replacing one and two cent coins or getting rid of them entirely due to the costs involved in making them.
4 phone deals to keep you online for less
Get free all you can eat data. Only on Three Prepay.
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Nearly two-thirds of Irish farms are not economically viable
The average income on a family farm fell by 15 per cent last year according to the Teagasc National Farm Survey published today.
Another €500m of T-Bills for sale this week
The NTMA will hold another auction this Thursday as it attempts to help Ireland return to normal lending markets.
Young people ‘bear burden of financial crisis’
A new ESRI publication says that young households were more likely to become unemployed and many purchased a home prior to the crash.
EU will inspect Ireland’s finances for decades after bailout, under new rules
The ‘two-pack’ also means the Budget will have to be submitted to Brussels for its approval every October from now on.
Economy - Monday 13 May, 2013
Charging private patients for public beds will drive up premiums by 25% – report
Insurance companies are worried about the decline in young people enrolling as the costs of insuring those over 60 are considerably higher.
The NAMA advisors who work for free cost €23,000 last year
Hotels, travel and subsistence cost meant that the NAMA advisory group, which works pro-bono, cost thousands of euro last year.
Former Taoiseach’s comments on financial regulation gave MEP ‘the shivers’
At a conference last week Bruton said there should be less regulation of the IFSC.
‘Vast majority’ of Bus Éireann services cancelled today due to strike
Bus Éireann says it anticipates that school transport services will operate as normal today but has advised parents to check services ahead of time.
8 things your smartphone makes you do
The phones and their pesky data made us do it. Swear.
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The cost of filling your car fell last month
AA Ireland says that petrol prices fell by nearly four per cent with diesel falling by just under 5 per cent.
Howlin: It’s in personal interests of public workers to accept pay cuts Exclusive
As he prepares for Kieran Mulvey to sound the death knell on pay talks, Brendan Howlin says national solvency is good for everyone.
Economy - Sunday 12 May, 2013
‘Some bankers and civil servants don’t want banking inquiry’ – McGuinness
The government has been seeking to bring forward legislation to strengthen the Oireachtas’ ability to carry out inquiries into matters of public interest in the wake of the rejection of a referendum in 2011.
Economy - Saturday 11 May, 2013
Investigators uncover $45 million global ATM fraud ring
At least ten people have been arrested around the world, over a scam which exploited pre-PIN technology.
Why you can’t see the ‘black book’ that was never used for the banking crisis
The manual is intended for us during financial crises but was not used during Ireland’s banking crisis and neither the Central Bank nor the Minister for Finance will release it, it was revealed this week.
Pharmacists finding it difficult to keep their ‘heads above water’
Falling sales, rising costs and threats to cut pharmacy incomes are contributing to the gloomy business outlooks.
Two in five to ignore Revenue’s advice and opt for lower property tax figure
The survey revealed that only 22 per cent said they agreed with the introduction of the tax.
Economy - Friday 10 May, 2013
Consumers ‘weathering the storm’ as experts predict recession is bottoming out
However a report shows 60 per cent of adults still believe their income will be lower this time next year.
No more consultations on salary waivers for NAMA/NTMA staff on over €200k
Finance Minister Michael Noonan said there will be no further discussions with three members of staff who refused to waive 15 per cent of their salaries.
Sector-specific talks on table as Howlin prepares for defeat on pay deal Exclusive
The public expenditure minister tells TheJournal.ie that some unions would need a dramatic U-turn – and that the next option is negotiating with unions on an individual basis.
Economy - Thursday 9 May, 2013
Troika want banks monitored after ‘disappointingly slow start’ on arrears
The conclusion of the Troika’s tenth review mission to Ireland will result in an estimated €2.4 billion being released.
CPI: Price of alcohol, tobacco and education up, cost of shoes down
Consumer prices in April were up by 0.5 per cent when compared to the same month last year.
Fewer job opportunities in April when compared with last year
Professionals looking for new jobs also increased by 5 per cent in April.
Economy - Wednesday 8 May, 2013
New database will reveal exactly how much rent your neighbours pay
The PRTB also found there was an increase in rents nationally but a fall in Dublin rents.
Poll: Do you shop around for your car insurance?
A survey has found that you could save up to €1,335 if you shopped around for your car insurance.
Banks should disclose how ECB rate changes impact its products – Fianna Fáil
Deputy McGrath has called on the Central Bank to force banks to issue a statement following each change to the ECB’s interest rate.
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