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New figures from the Central Statistics Office show that exports of goods for the first ten months of the year came to €187 billion, an increase of 13% on the same time last year. But imports have fallen by €4 billion in the months from January to October compared with the first 10 months of […]
Read More… from Exports in October rise by 21% on last year – CSO
Ireland is one of 22 EU member states who are failing to comply with EU rules on professional qualifications, according to the European Commission. The Commission has opened infringement procedures by sending formal letters of notice to the countries. The rules are designed to make it easier for professionals to provide their services on a […]
Read More… from Ireland failing to comply with EU rules on professional qualifications
Europe’s labour market softened in the third quarter, data releases showed today, pointing to a further decline in inflation pressures that could justify more interest rate cuts. The rise in euro zone labour costs slowed to 4.6% in the third quarter from 5.2% three months earlier while the jobs vacancy rate slipped to 2.5% from […]
Read More… from Europe’s jobs market continues to soften in third quarter
Fuel prices increased again this month, the latest AA Ireland Fuel Survey reveals. Petrol prices rose by a cent to an average of €1.74 per litre, while diesel prices increased by three cents this month to €1.71 per litre. AA Ireland noted that crude oil prices remain steady month on month at around $73 a […]
Over 1,000 jobs have been saved through the Small Company Administrative Rescue Process (SCARP) since it was launched three years ago, new figures show. The scheme aims to facilitate simplified out-of-court debt restructuring for small businesses deemed to be viable. A process adviser is appointed under the scheme to prepare a rescue plan and to […]
Read More… from 1,076 jobs saved due to SCARP over past three years
Just a tiny fraction of the €3.26 billion in fines levied by the Data Protection Commission (DPC) over the past five years has been collected. The DPC said that of all fines issued between 2020 and the end of October this year, only €19.9m of the total has been paid so far. The total amount […]
Read More… from Just a fraction of fines imposed by DPC collected so far
An Post expects to receive around 350,000 parcels from the UK over the next 24 hours after Holyhead Port’s closure caused a backlog. It said it has the “facilities, technology and staff” across its hubs to deliver the parcels to homes and businesses around Ireland. Ferry sailings between Ireland and Wales were cancelled due to […]
Read More… from An Post vows to clear backlog of parcels after storm delays
The European Central Bank cut interest rates for the fourth time this year today, by quarter of a percentage point, and kept the door open to more as growth is hit by political instability at home and the threat of a fresh US trade war. The ECB has been easing policy as inflation worries largely […]
Read More… from ECB cuts rates again, keeps door open to further cuts
New figures from the Central Statistics Office show that consumer prices rose by 1% in November compared to the same time last year. This marked an increase from the annual rate of inflation of 0.7% in the 12 months to October. The CSO said the biggest increases in the 12 months to November were seen […]
Read More… from Annual inflation rate rises to 1% in November from 0.7% in October – CSO
Interest rates are expected to be cut by 0.25% by the European Central Bank today. If a reduction is announced it would immediately benefit tracker mortgage customers. The cut will reduce rates from 3.25% to 3% in the eurozone. It would be the bank’s fourth decrease so far this year. The move is in response […]
Read More… from ECB set to cut interest rates for fourth time this year
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