Here’s a run down of today’s business headlines.
Ireland’s GDP growth fastest in EU
Ireland’s economic growth rate surged to a post-crisis high of 4.8% last year, the fastest rate in the EU, as data confirmed a stunning recovery from the devastating 2008 property crash.
Minister Michael Noonan expects budget flexibility
Finance Minister Michael Noonan expects that the European Commission will hand him the type of financial flexibility that has been afforded to other countries in order for him to reshape the upcoming budget.
‘Voice’ producer scores €1.1bn hit with ITV deal
ITV is to snap up Talpa, the Dutch production company behind The Voice, in a deal that could cost up to €1.1bn.
Landing fees could scupper IAG deal for Aer Lingus sale
Government officials are to meet with representatives of IAG again today to hammer out a deal over the sale of Aer Lingus but may be unable to accommodate one of the airline group’s key requests.
Tony McCoy sees company profit race ahead at €540,000
Champion jockey Tony McCoy has even more reason to smile today with new accounts showing that profits at his firm last year rocketed by €540,000.
Weak euro will help economic recovery
Foreign exchange markets are always characterised by a certain degree of volatility and tend to be pushed about the place by short-term economic and political developments.
Coveney:Up to 10,000 dairy jobs likely
Up to 10,000 jobs could be created after the EU abolishes milk quotas later this month, Agriculture Minister Simon Coveney has said.
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