People count more than numbers

Euro zone 2024 economic growth revised up to 0.9%

The euro zone economy grew by 0.9% in 2024, revised data showed today, higher than a previous estimate of 0.7%. The EU’s official statistics agency also revised growth for the fourth quarter of 2024 for the second time to 0.2% in the 20-country single currency area, from 0.1% estimated in February. Eurostat in January had […]

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Airport strike to all but freeze German air travel today

More than half a million people are facing travel disruption at German airports today where a 24-hour strike has led to thousands of flight cancellations in a dispute about workers’ pay. The operator of Frankfurt airport, Germany’s busiest, said no passenger flights would depart from there today, with delays and cancellations also possible tomorrow. Of […]

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Trump signs order to establish strategic bitcoin reserve

US President Donald Trump yesterday signed an executive order to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalised with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, the White […]

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Domestic economy posts ‘healthy’ growth of 2.7% in 2024 – CSO

The domestic economy grew by a healthy 2.7% last year, according to the latest figures from the Central Statistics Office. Gross Domestic Product, which includes the multinationals activity, rose by 1.2% in 2024. Personal spending on goods and services, a key indicator of the domestic economy rose 2.3%, while wages grew by 2.9%. Modified investment […]

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Steady growth in mortgage approvals continued in January – BPFI

January saw the first year-on-year decline in first-time buyer approval volumes since June 2024, new figures from Banking & Payments Federation Ireland show today. Today’s figures show that a total of 3,395 mortgages were approved in January 2025, down by 5.5% on a monthly basis but up by 4.1% compared to the same time last […]

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Govt ‘scenario planning’ for effects of US tariffs on EU

The Government is scenario planning for effects of tariffs being imposed on goods from Ireland by the Trump administration, according to the Minister for Public Expenditure Jack Chambers. He said the planning included looking at the consequences on “businesses, consumers and the broader economy”. Minister Chambers said tariffs “would impose serious costs on Irish citizens […]

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People look to new backup power sources after Storm Éowyn

The damage wreaked by Storm Éowyn in January has caused many home and business owners to look at other sources of backup power for the next big storm. The most popular choice is a petrol or diesel generator. Both Government and opposition politicians have called for a supply of generators to be set up and […]

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Irish companies warned to prepare for possible US tariffs

The Irish Exporters Association has warned companies to prepare for the possibility of tariffs being imposed on exports from the EU to the US. The CEO of the Irish Exporters Association Simon McKeever said: “People need to take this seriously. Any idea that Donald Trump is not going ahead with tariffs is a misconception.” “People […]

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No sign of increased house or apartment building

New figures from the Central Statistic Office show there is no sign of an increase in the building of houses and apartments. Residential construction declined by 0.1% in the final three months of last year compared to the same period in 2023. The latest data from the CSO monitors ongoing building work and differs from […]

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