Economy

DUBLIN: Tánaiste Leo Varadkar has told the Dáil that the cost-of-living crisis could last for years. Varadkar's position was that the government had done everything possible and that the inflation crisis is a global issue. Sinn Féin and…

DUBLIN: The government is planning to increase the PRSI for workers in view of the delay in the scheme to raise the pension age. The move follows the commission's recommendation to the government to postpone raising the pension age. It…

DUBLIN: Ireland's economy is booming as more sectors reopen post-pandemic. The country has double-digit growth in 2021, trailing all 26 EU member states. According to Eurostat, the European Statistics Agency, the economy grew at three…

DUBLIN: House prices in Ireland are skyrocketing. This is the first time in the country that house prices have risen by 12% since the financial crisis. According to industry experts, rising house prices are discouraging homebuyers. …

DUBLIN: Ireland has stepped up pressure on the European Union to allow tariff-free access to Irish whiskey in the Indian and Thai markets. It comes as the EU prepares to restart trade negotiations with both nations. The Irish whiskey…

DUBLIN: An Post, the Republic's postal service provider, has expanded its financial services offering with the launch of an app for its An Post Money brand and a current account for people aged seven to 15. An Post Retail head…

DUBLIN: The income limit of the applicant has been revised to join the cost-rental scheme implemented by the Government to help the existing tenants. A household with an income of less than €82,000 before tax will be able to apply for…

DUBLIN: The Central Statistics Office reveals that residential property prices in Ireland have increased by 95.4% in eight years. The jump was recorded from the lowest point in 2013. The report shows that house prices have risen,…

DUBLIN: AIB has decided to extend negative interest rates to all customers with deposits in excess of €1 million from October. Currently, the bank charges negative interest rates on personal deposits in excess of €3 million and on business…

DUBLIN: Parents are now spending more than the previous year to cover the cost of sending their children back to school, and many are going into debt as a result. A survey of more than a thousand parents found that the overall cost of…