ECB won’t raise rates until at least mid-2020 The European Central Bank yesterday signalled that it would not raise interest rates until the first half of 2020. That compares to a previous guidance that pointed to a rate rise towards the end of this year – something that, in itself, was a delay on its […]
Author: Practicenet
Pound hits 20 week low against the euro The pound dropped to a 20-week low against the euro amid weak UK data and growing fears of a disruptive Brexit weighing on the currency. The pound has dropped for four straight weeks, hit by concerns that Britain will crash out of the European Union on October […]
Second call of online retail initiative opens The Minister for Business, Enterprise and Innovation Heather Humphreys has opened the second call of Enterprise Ireland’s Online Retail Scheme. The Scheme, an initiative of the Government through Enterprise Ireland, offers a total of €1.25 million in funding to online retailers. The funding supports research, strategy development, implementation […]
Housing commencements rose by over 31% in Q1 New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time last year. The latest Housing Market Monitor, published today by Banking & Payments Federation Ireland, showed that 5,8000 housing commencements were registered […]
THE economy is now close to full employment as the jobless rate slumped to just 4.4pc. This is a sharp fall from the height of the recession when it hit almost16pc. The Central Statistics Office’s latest figures show the unemployment rate stood at 4.4pc last month, down from 4.6pc in April. It was 5.6pc in […]
IRELAND delivered a Brexit-busting performance in attracting foreign direct investment in 2018, according to a European-wide analysis of FDI trends. The annual EY European Attractiveness Survey found that Ireland won 205 new FDI commitments last year, up 52pc from 2017. That cut against the grain of an overall 4pc decline in FDI growth across Europe […]
Employment minister Regina Doherty has commissioned a key study into the affordability of a new auto enrolment system for pensions that she has insisted is on course to launch in 2022. The new system is aimed at trying to ensure that young workers will have adequate savings by the time they retire. But there is […]
Euro dips on Italian debt worries and trade tensions The euro dipped today as investors nervous about trade tensions bought into the safe-haven dollar and fretted that political risks in Europe remain high. This is despite the fact that pro-Europe parties won a majority of European parliamentary seats. Remarks by two euro zone officials that […]
Mortgage approvals rise by 9.5% in April – BPFI New figures from the Banking and Payments Federation Ireland show that just over 4,100 mortgages were approved in April. This is down slightly month on month, but up 9.5% on an annual basis. The figures show that just over half of those mortgages went to first […]
New €100 and €200 banknotes in circulation from today The European Central Bank has said that new €100 and €200 banknotes will start circulating around the euro zone today. The new banknotes use new and innovative security features and are easy to check using the “feel, look and tilt” method. At the top of the […]
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Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
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Email: michael@michaelfdolan.ie
Web: www.michaelfdolan.ie
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