News

ECB asks banks to halt dividends over Covid-19 crisis

The European Central Bank has asked euro zone banks to freeze dividend payments “until at least October 2020” to preserve ...
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Another 283,000 people apply for Covid-19 emergency income payment

The Minister for Employment Affairs and Social Protection has said that by close of business on Friday, another 283,000 people ...
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Euro zone sentiment in record plunge as coronavirus strikes

Euro zone sentiment suffered its steepest ever monthly decline in March as the coronavirus led to declining confidence among consumers ...
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European shares fall after three day rally

European shares fell in opening trade today after a three-day rally sparked by hopes of more aggressive stimulus to shore ...
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EU watchdog gives nod to delaying financial reports due to epidemic

Regulators should give listed companies an extra two months to publish their annual financial statements given the difficulty of completing ...
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Employment lawyers critical of Govt wage subsidy scheme

Employment lawyers have strongly criticised the Government’s Temporary Wage Subsidy Scheme which is being debated in the Dáil today. In ...
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Euro zone faces 2% recession, 10% if lockdown lasts – S&P Global

The coronavirus pandemic will push the euro zone and Britain into recession this year, with their economies expected to shrink ...
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Central Bank seeks assurance on Covid-19 insurance claims

The Central Bank is to write to the insurance industry setting out how it expects insurance firms to handle the ...
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Economy to shrink by at least 7.1% due to virus – ESRI

The economy could contract by over 7% this year and unemployment could soar to around 18% as a result of ...
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