Economy

DUBLIN: Opposition harshly criticises the government's new affordable housing scheme called for resolving Ireland's housing problems. The government says the bill, introduced yesterday by Minister for Housing Darragh O’Brien, includes a…

DUBLIN: The Central Bank has warned that a quarter of Ireland's smaller firms could fail as the COVID-19 pandemic continues. A Central Bank survey has revealed that more than 70% of small and medium-sized enterprises (SMEs) saw a…

DUBLIN: The government has been warned by renowned economist David McWilliams not to shut down the capital city completely. He warns the Irish government not to lose hold of Dublin City centre and to "get a grip" before it becomes…

DUBLIN: Drinks Ireland and Retail Ireland highlighted various issues related to the introduction of minimum unit pricing (MUP) for alcoholic beverages. The Cabinet passed the Public Health Alcohol Act in 2018, which set the price of…

DUBLIN: Economists say the euro zone economy has not recovered from the recession that hit the first quarter of this year. However, the European Union's statistics office Eurostat hopes that the enhanced vaccination and the removal of…

DUBLIN: Along with the United States, France and Germany, two member states of the European Union, have put a lot of pressure on Ireland, which benefits from lower corporate taxes. The two countries jointly came out in support of the US…

DUBLIN: The government is considering cutting the PUP after the summer in view of the financial crisis. The Department of Social Welfare plans to cut €50 a week. It is estimated that the PUP alone has cost more than €7billion so far. …

DUBLIN: Tourism season in EU countries, including Ireland, may be delayed due to delays in the implementation of green passports. It is also pointed out that this delay is due to the inadequacy of technical facilities. The plan was to…

DUBLIN: New research shows labour shortages and market ups and downs will persist in the Irish construction industry. Therefore, even if the country's economy is fully open, it will not be able to provide basic facilities or adequate…

DUBLIN: The Indian rupee's depreciation continues, with the rupee's value against the euro today at 90.72. The Indian rupee today touched an all-time high against the euro. The exchange rate had touched 90.46 in December. Later, on…