Economy

Brussels: Eurostat estimates that soaring inflation has started to harm the economic growth of the Eurozone. According to the agency, economic growth slowed in the first quarter of this year as inflation reached a record high across the…

Dublin: The progress in the financial sector gives job seekers in Ireland great hope. According to a report released by the Federation of International Banks in Ireland, 65 percent of the country's banking institutions plan to hire more…

Dublin: The ESRI forecasts that the Irish economy has a lot to look forward to. According to the quarterly economic report, inflation will stabilise and the Irish economy will expand further next year. The report forecasts the country's…

Brussels: European Commissioner Mairead McGuinness said the collapse of Silicon Valley Bank could have an impact on the European Union, so the EU "must remain alert" to the dramatic events unfolding in international markets. "We are…

Dublin: Revolut has started issuing Irish IBANs to its customers in Ireland. Revolut account holders began issuing new Irish IBANs beginning with the letters 'IE' last week. Customers with Revolut in Ireland currently have Lithuanian IBANs…

Dublin: The Central Bank of Ireland has warned that 2,307 people will lose their jobs in Ireland's technical sector. In Ireland, 1,474 people have been laid off so far. However, according to the bank's report, more people will be…

London: The United Kingdom and the European Union have reached a historic Northern Ireland Protocol agreement, paving the way for post-Brexit trade issues to be resolved. The agreement was reached in a meeting between Prime Minister Rishi…

New Delhi: Massive increase in Indian investment in foreign stocks and real estate. According to RBI data, Indians invested $2.1 billion abroad last year. The amount invested in each asset has increased dramatically. On a 12-month…

Dublin: Central Bank Governor Gabriel Makhlouf said that interest rates will exceed 3.5 percent. Makhlouf believes the European Central Bank's interest rate could rise above 3.5 percent. He also stated that the bank is unable to lower…

Dublin: The Irish government's Golden Visa scheme, which allowed foreigners to obtain citizenship through investment or donation, will be discontinued today. This was clarified by the Minister of Justice, Simon Harris. The minister…