News

Euro zone retail sales in record rebound in May as lockdowns eased

Consumers in the euro zone returned en masse to shops in May as lockdowns were eased, estimates from the EU ...
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Irish economy to fall 8.5% in 2020 before 2021 recovery

The European Commission has said that Ireland’s GDP is projected to contract by 8.5% in 2020. The economy here is then ...
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Euro zone set for deeper recession, weaker rebound

The euro zone economy will drop deeper into recession this year and rebound less strongly in 2021 than previously thought, ...
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NTMA to auction three different bonds this week

The National Treasury Management Agency said today it plans to raise between €1-1.5 billion through the sale of seven, ten ...
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62% of credit unions offer payment holidays amid Covid-19 crisis

62% of credit unions have introduced payment holidays as a result of the Covid-19 crisis, a new survey of credit ...
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Numbers on Pandemic Unemployment Payment fall as economy picks up pace

The number of people receiving the Covid-19 Pandemic Unemployment Payment has fallen from 439,000 last week to 412,900. This marks a ...
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Irish services sector sees partial recovery in June

There was a partial recovery in the country’s services sector in June, according to AIB in its latest purchasing managers ...
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Number of insolvencies down 12% as Covid-19 impact not fully materialised

There was a reduction in the number of company insolvencies in the first six months of this year, according to ...
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Central Bank warns economy could shrink by up to 14%

The Central Bank has said the economy could shrink this year by up to 14%, while it has also warned ...
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