Syndicated News

18 Dec

Business activity gets stronger but firms cautious about future

Irish business activity strengthened over the final months of the year but firms remain cautious about what’s coming down the road, a survey has found. The winter KBC Bank Ireland/Chartered Accountants Ireland Business Sentiment study found that businesses were hesitant to ramp up spending and to take on new staff next year.

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13 Dec

EU gives ECB additional powers to supervise banks

Taoiseach Enda Kenny will travel to Brussels for a crucial summit of EU leaders focused on reforming Europe’s banks and protecting the single currency. A significant first step towards what is called a eurozone banking union was agreed last night by EU finance ministers, after 14 hours of talks.

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11 Dec

New Property Tax Bill gives Revenue more powers

The Government has published the Finance (Local Property Tax) Bill 2012, to give effect to the property tax announced in the budget. The new Bill is expected to be brought through the Dáil towards the end of next week. The Bill establishes who is liable to pay the new tax and how much they will

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13 Nov

Bank of Ireland set for return to bonds market

Bank of Ireland is set to become the first bailed-out bank to return to the bond markets, after saying it plans to raise funds secured on some of its pool of Irish mortgages. Bank of Ireland is set to become the first bailed-out bank to return to the bond markets, after saying it plans to

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06 Nov

Government to focus on small firms in EU presidency role

TheGovernment will put growth and competitiveness “at the top of the agenda” when it takes over the EU presidency, Jobs Minister Richard Bruton said yesterday. Speaking at an EU conference for small and medium enterprises in Dublin, Mr Bruton said the union would rely on small firms to drive future growth.

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29 Oct

Markets sceptical over ‘cumbersome’ bailout fund

European Central Bank (ECB) governing council member Ewald Nowotny has admitted markets are sceptical about the new European rescue fund, because of cumbersome decision-making. Austria’s Nowotny said he sees scepticism about how quickly funds from the European Stability Mechanism (ESM) can be deployed when they are needed.

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