Average weekly earnings rise by 3.4% in 2018 – CSO
Average weekly earnings were €740 in 2018, an increase of 3.4% on the previous year, according to new statistics released by the Central Statistics Office. However, those on higher than average salaries can skew the numbers and the CSO pointed out that 63% of workers earn less than the average while 37% earn above the […]
Euro zone inflation confirmed as slowing to 0.7% in October
Euro zone’s headline inflation slowed in October, the European Union statistics office said today as it confirmed its earlier estimate, with energy prices falling markedly. Eurostat also said the 19-country bloc posted in September a larger surplus in its trade with the rest of world, as exports grew more than imports. Inflation was confirmed at […]
EU Commission gives green light to broadband plan
The European Commission has approved the Government’s National Broadband Plan, saying it complies with EU state aid rules. The decision means one of the final hurdles preventing the State from signing the contract with the preferred bidder, National Broadband Ireland, has been overcome. The Commission said the €2.6bn of public support will result in high-speed […]
WTO members warn on post-Brexit market access
World Trade Organization members have demanded compromises from the EU and Britain to ensure foreign businesses do not lose market access in post-Brexit trade. At a meeting of the WTO’s Goods Council, 15 countries – including the US, India, Australia and Canada – raised concern over the so-called Tariff Rate Quotas (TRQs) that will […]
Two thirds of SMEs do not have digital presence
A survey by the IE Domain Registry, which manages the dot-IE web address, h found that two thirds of SMEs do not have a digital presence. This means that much of the ever increasing amount of money spent online is going to multinationals like Amazon and ASOS. David Curtin, CEO of the IE Domain Registry, […]