Economy

Dublin: The Irish government has launched a series of emergency measures in response to the United States' decision to impose a 20% tariff on Irish exports—a move that economists warn could trigger a significant economic downturn in…

Dublin – The Irish government is set to further reduce its stake in AIB, following Cabinet approval of a €1.2 billion share buyback plan. The government currently holds approximately 12% of the bank's shares, a stake acquired as part of the…

Dublin: The Central Bank of Ireland has expressed concerns over the potential economic impact of the escalating trade war between the United States and the European Union, warning that it could hinder Ireland’s economic growth. The bank has…

Dublin: Indians across Europe are closely monitoring the sharp rise in the euro's exchange rate, which has reached ₹95.13 per euro. While some analysts predict that the euro could soon cross the ₹100 threshold, others argue that it may not…

Dublin: Households across Ireland are grappling with soaring prices, as the cost of essential goods, healthcare, transportation, and alcohol continues to rise. Many families are struggling to keep up with living expenses that have outpaced…

Dublin: In a positive development for mortgage borrowers in Ireland, the Central Bank has reported that interest rates on new mortgages have fallen to their lowest level since April 2023. In December, the average interest rate on new…

Brussels— Eurozone inflation rose to 2.5% in January, marking the fourth consecutive month at this elevated level, according to a report from financial data firm FactSet. The increase is largely attributed to rising energy prices, which…

Brussels – The European Central Bank (ECB) has unveiled plans for a new series of Euro banknotes, featuring cultural icons and natural motifs. While renowned figures such as Beethoven, Marie Curie, and Leonardo da Vinci will be celebrated,…

Brussels – The European Central Bank (ECB) has announced a series of concessions, including an interest rate reduction, in an effort to counteract slowing economic growth. The decision to lower the key interest rate from 3% to 2.75% marks…

Dublin: Following the sale of its shares in Bank of Ireland, the government is now moving forward with the divestment of its remaining stake in AIB. As part of this process, the state’s shareholding in the bank has been reduced from 17.5%…