Economy

Despite the effect of Covid-19 on the economy and employment, house price inflation has returned to 5% by the third quarter of this year, according to a Myhome.ie report. The report also suggests that imbalances and delays may continue…

The European Central Bank board member Fabio Panetta said that the ECB should be prepared to have digital euros instead of notes when it is necessary. Mr. Penetta noted that the ECB must be prepared to provide a digital euro when our…

Covid and Lockdown are reported to have completely wiped out the hospitality sector. The Drinks Industry Group of Ireland (DG) points out that millions of euros have been wasted on beer and food. Covid controls have pushed the entire…

Revolut is transferring Irish user’s accounts to Revolut's business in Lithuania. The decision was made on the ground that e- money will no longer be valid after Brexit. The move is temporary. Revolut's spokesperson has stated that…

Uber is considering buying a taxi-hailing app called Free Now as a way to increase its market share in Europe and Latin America. Free Now, formerly known as Hailo and later My Taxi, is a taxi-hailing application with a nationwide…

The advent of Fintech ( Financial Technologies) is bringing up ground breaking transformations to the world of finance for businesses and people. Technology has now become an integral part of the financial sector and it interacts with…

The government and economists are preparing for a new budget amid fears that a no - deal Brexit could have a devastating impact on Ireland's economy, despite the COVID chaos. The Finance Ministry report attests to the fact that, as…

According to a latest report from the Irish pharmaceutical trade association, up to €1bn could be saved if generic medicines are included in the health service. This will be a huge savings for the government. Medicines for Ireland…

The deadline for loan repayments, including mortgages, imposed by the Irish government following the Covid crisis has not been extended. The ministers held talks with the heads of the country's leading retail banks to extend the…

Former Debenhams employees occupy closed store at City Square Shopping Centre in Waterford City. Protesters demanded that liquidators KPMG and Debenhams discuss with labor representatives how to use the online business as part of a…