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Bills going up for nearly 100,000 non-domestic Irish Water customers Almost 100,000 non-domestic customers of Irish Water are set to see their fresh water and waste water bills rise. The move follows a decision by the Commission for the Regulation of Utilities (CRU) on new tariffs following a restructuring of the charging regime. The increases […]
Read MoreFrance issues first 10-year bond at negative interest rate France issued its first-ever 10-year bond at a negative borrowing rate today, meaning investors pay, rather than receive, interest for the privilege of owning French sovereign debt, the state debt management agency AFT said. AFT said that it issued €9.996 billion in long-term bonds, with just […]
Read MoreFrance issues first 10-year bond at negative interest rate France issued its first-ever 10-year bond at a negative borrowing rate today, meaning investors pay, rather than receive, interest for the privilege of owning French sovereign debt, the state debt management agency AFT said. AFT said that it issued €9.996 billion in long-term bonds, with just […]
Read MoreInjury awards driving up insurance prices – insurers Insurance premiums will fall if the cost of claims in Ireland falls, insurance companies have been telling the Oireachtas Finance committee. The Chief Executive of Allianz, Sean McGrath, said the single biggest issue facing the cost of claims is getting the high level of injury awards under […]
Read MoreInjury awards driving up insurance prices – insurers Insurance premiums will fall if the cost of claims in Ireland falls, insurance companies have been telling the Oireachtas Finance committee. The Chief Executive of Allianz, Sean McGrath, said the single biggest issue facing the cost of claims is getting the high level of injury awards under […]
Read MoreUS threatens tariffs on EU cheese, pork and whiskey The US is threatening tariffs on $4bn worth of additional EU goods – including Irish whiskey – in a long-running dispute over aircraft subsidies. This is in addition to tariffs placed on European Union goods in April. The list also includes sausages, hams, pasta, olives and […]
Read MoreUS threatens tariffs on EU cheese, pork and whiskey The US is threatening tariffs on $4bn worth of additional EU goods – including Irish whiskey – in a long-running dispute over aircraft subsidies. This is in addition to tariffs placed on European Union goods in April. The list also includes sausages, hams, pasta, olives and […]
Read MoreNew rules to require banks to open up their systems Your bank account is set to get more secure – and more open – once new European regulations come into force in September. The second Payments Services Directive aims to reduce fraud around online transactions. This will likely see consumers having to take more steps […]
Read MoreFirst-time buyers feel ‘pushed out’ by bulk investors Fianna Fáil is calling on the Government to restrict tax incentives for institutional investors in the Irish property market. The party said so-called “cuckoo funds” have given rise to entire housing developments being snapped up, locking out first-time buyers. A review by the Department of Finance into […]
Read MoreGermany, Italy drive euro zone economic sentiment down to 3-year low Euro zone economic sentiment dropped to its lowest point in nearly three years in June as confidence fell markedly in the bloc’s largest economies – Germany and Italy – European Commission data show. The Commission said that its main indicator of economic confidence dropped […]
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