Categorized as: Syndicated News

Survey shows gradual recovery in family finances

Disposable income has increased by an average of €49 a month, according to the latest What’s Left tracker by the Irish League of Credit Unions.

Rating agency Moody’s upgrade Irish Government Bonds

Rating agency Moody’s has upgraded Irish Government bonds from junk status tonight.

The organisation was the only remaining body which continued to categorise Ireland’s bonds as junk.

NAMA Chairman Frank Daly says property crash is over

The chairman of the National Asset Management Agency has said he believes the property crash in Ireland is over.

Speaking at a breakfast briefing in Cork, Frank Daly said that property prices have begun to move off the bottom and that the property market has moved into a different phase.

Low borrowing costs may be ‘reward’ for not burning bondholders – ESM chief

The head of the European Union’s bailout fund has said that Ireland’s currently low cost of borrowing may be a reward from the market for not imposing losses on senior bondholders of bank debt.

NAMA Chairman Frank Daly says property crash is over

The chairman of the National Asset Management Agency has said he believes the property crash in Ireland is over.

Speaking at a breakfast briefing in Cork, Frank Daly said that property prices have begun to move off the bottom and that the property market has moved into a different phase.

Consumer sentiment index rises strongly in December to highest level since June 2007

A majority of Irish consumers expect economic conditions to improve over the coming 12 months as the consumer sentiment index has hit its highest level in over six years.

Euro zone trade surplus grows as imports fall in November

The euro zone trade surplus widened in November because imports fell more sharply than exports.

The latest data from the EU’s statistics office Eurostat pointing to the continued weakness of domestic demand.

World Bank sees stronger growth as rich economies expand

The World Bank has raised its forecast for global growth for the first time in three years as advanced economies started to pick up pace, led by the US.

Enterprise Ireland firms see biggest job gains in ten years

Employment in companies supported by State agency Enterprise Ireland increased by a net 5,442 last year.

Upbeat surveys on improving Irish economy

Several sources have reported positive indicators on Irish business sentiment today.

The Small Firms Associations said today the information it gathered for the final quarter of 2013 represented the strongest set of sentiment data in several years.

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