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Emergency legislation aims to amend rules on sick pay

10th March 2020

The Government is to introduce emergency legislation in the Dáil to amend the rules on sick pay, which will see Illness Benefit rise from €203 per week to €305. It will be available from the first day of illness rather than after six days as at present, and conditionality will be waived to allow the […]

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World market emerge from rout as stimulus hopes calm panic

10th March 2020

Europe’s main stocks indices opened higher this morning, a day after markets suffered their biggest losses in more than a decade on crashing oil prices and coronavirus fears. Shares in London and Paris had gained 1.5% in early trade, while the Frankfurt market was up 0.8%. Shares in Dublin also rallied with the ISEQ index […]

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World market emerge from rout as stimulus hopes calm panic

10th March 2020

Europe’s main stocks indices opened higher this morning, a day after markets suffered their biggest losses in more than a decade on crashing oil prices and coronavirus fears. Shares in London and Paris had gained 1.5% in early trade, while the Frankfurt market was up 0.8%. Shares in Dublin also rallied with the ISEQ index […]

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5% increase in life satisfaction in Ireland – OECD report

10th March 2020

Analysis by the Organisation for Economic Co-operation and Development shows that life satisfaction rose in Ireland by 5% or more between 2013 and 2018. The How’s Life report, which looks at all aspects of well-being from health and social connections to income and security, shows that since 2013 life satisfaction has either remained stable or […]

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5% increase in life satisfaction in Ireland – OECD report

10th March 2020

Analysis by the Organisation for Economic Co-operation and Development shows that life satisfaction rose in Ireland by 5% or more between 2013 and 2018. The How’s Life report, which looks at all aspects of well-being from health and social connections to income and security, shows that since 2013 life satisfaction has either remained stable or […]

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Economy grew by 5.5% last year – CSO

9th March 2020

The country’s gross domestic product grew by 5.5% in 2019, likely making it the European Union’s fastest-growing economy again, new figures from the Central Statistics Office show today.  The pace of growth was lower that the 6.3% predicted by the Finance Department as the country braces for the impact of the coronavirus outbreak.  GDP, which […]

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Hogan hopeful on mini-US trade deal, agriculture hurdles remain

9th March 2020

The European Union is hopeful of reaching a “mini” trade accord with the US in the coming weeks. But there are still difficult issues to overcome including barriers for farm products, EU Trade Commissioner Phil Hogan said today. Mr Hogan made his comments at a European Parliament Ireland event in Dublin about EU trade amid […]

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World stocks sink on coronavirus shock, oil price crash

9th March 2020

European shares slumped across the board this morning as a lockdown in northern Italy due to the coronavirus outbreak and a 30% plunge in oil prices amplified fears of a global recession.  London’s commodity-heavy FTSE 100 was down 8.6%,with shares of oil majors BP and Royal Dutch Shell down more than 20%.  The top decliner […]

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ICTU calls on Government to protect income of workers hit by coronavirus

5th March 2020

The Irish Congress of Trade Unions has called on Taoiseach Leo Varadkar to ensure that workers affected by Covid-19 do not suffer any loss of income that might deter them from self-isolating to contain the spread of coronavirus. It comes as employers body Ibec refused to give an assurance that employers would provide sick pay to […]

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IMF to make $50 billion in emergency funding available

5th March 2020

The International Monetary Fund has announced that it’s to make $50bn in emergency financing available for low income and emerging market countries to counter the impact of the corona virus outbreak. Its Managing Director, Kristalina Georgieva, said the outbreak is a ‘global problem calling for a global response.’ The IMF expects the global supply of […]

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