First Budget surplus for State since 2007 as ‘lost decade’ took toll on national purse
First Budget surplus for State since 2007 as ‘lost decade’ took toll on national purse The State eked out a Budget surplus of €50m last year, its first since 2007. The latest financial data shows rising tax revenues offset a 7.5pc surge in the wage bill of Government employees to €22.2bn, or 27pc of total […]
Trade surplus drops by 12% in February – CSO
Trade surplus drops by 12% in February – CSO New preliminary figures from the Central Statistics Office show the volume of exports decreased by €604m, or 4%, to stand at €13.22 billion in February compared with January. The CSO also said that imports increased by €265m, or 4%, to €6.925 billion. This resulted in a […]
EU gets green light for US trade talks
EU gets green light for US trade talks EU countries gave initial clearance yesterday to start formal trade talks with the United States, EU sources said, in a move designed, but not guaranteed, to smooth strained relations between the world’s two largest economies. The European Commission has sought clearance for two negotiating mandates – one […]
Ireland records the highest start-up figures in 13 years
Ireland records the highest start-up figures in 13 years An average of 71 companies were set up every day in Ireland during the first three months of 2019. This is despite Brexit uncertainty and concerns about a slowdown in the global economy. The largest number of companies was founded in the professional services sector, according […]
€8.6bn invested in Irish office space since 2013
€8.6bn invested in Irish office space since 2013 Almost €8.6 billion has been invested in Irish office property over the past six years, according to a report from Savills. It said that low interest rates and a rapid growth in services-based employment has driven demand for office space in Ireland, particularly in Dublin. The report […]