Euro zone April inflation confirmed at 1.7% Euro zone prices rose by 1.7% in April, EU statistics agency Eurostat confirmed today, while slightly revising upwards its estimates for core inflation. Eurostat said consumer prices in the 19-nation...
Read MoreEU goods surplus with US eases, deficit with China widens
EU goods surplus with US eases, deficit with China widens The European Union’s trade surplus in goods with the US decreased in the first three months of 2019, but its deficit with China widened, figures released today showed. The 28-nation...
Read MoreEU fines five major banks for currency collusion
EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan’s MUFG and Royal Bank of Scotland a combined €1.07 billion for rigging the multi-trillion dollar foreign...
Read MoreNew home completions up by 23% in first quarter – CSO
New home completions up by 23% in first quarter – CSO The number of new homes built in the first quarter of this year rose by 23.2%, the latest figures from the Central Statistics Office show. The CSO said a total of 4,275 new dwellings...
Read MoreMild weather so far this year boosts Irish retailers
Mild weather so far this year boosts Irish retailers A new report shows that the value of retail sales rose by 4.7% in the first quarter of the year, boosted by a mild winter and early spring weather. The Retail Monitor, from Retail Ireland...
Read MoreWorld Bank’s €1.5 billion sustainable bond to be listed on Euronext Dublin
World Bank’s €1.5 billion sustainable bond to be listed on Euronext Dublin The World Bank has raised €1.5 billion from a 10-year Global Sustainable Development Bond, which will be listed on the Euronext Dublin exchange. It will...
Read MoreFee increases will be critical for Irish banks – S&P
Fee increases will be critical for Irish banks – S&P Increasing fees and commissions will be critical for Irish banks in the coming years, in order to offset pressure on the difference between the amount of interest they earn versus...
Read MoreEuro zone economy accelerates in Q1 as Germany rebounds
Euro zone economy accelerates in Q1 as Germany rebounds The euro zone economy accelerated quarter-on-quarter in the first three months of the year, the EU’s statistics office confirmed today. This was thanks to a rebound in the biggest...
Read MoreAlmost €4.5m stolen in invoice redirect fraud this year
Almost €4.5m stolen in invoice redirect fraud this year Almost €4.5m has been stolen in invoice redirect frauds since the start of the year, according to gardaí. More than €2m has been stolen in the last month alone, they...
Read MoreAlmost €4.5m stolen in invoice redirect fraud this year
Almost €4.5m stolen in invoice redirect fraud this year Almost €4.5m has been stolen in invoice redirect frauds since the start of the year, according to gardaí. More than €2m has been stolen in the last month alone, they...
Read MoreTrade war escalation puts Europe’s shaky economy back on alert
Trade war escalation puts Europe’s shaky economy back on alert The US and China are taking another swing at global sentiment, which is bad news for Europe as the economy starts to find its feet after a torrid year. In a week that was...
Read MoreConstruction activity growth quickens in April despite Brexit concerns
Construction activity growth quickens in April despite Brexit concerns Construction activity rose sharply last month with April marking the 68th consecutive month of stronger construction activity in Ireland. The Ulster Bank Construction...
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