The Organisation for Economic Co-operation and Development (OECD) has warned a disorderly Brexit “could plunge the Irish economy into a recession” and that further surges in Irish property prices could lead to another boom-to-bust cycle.
Ireland is reaching targets in relation to available water, economic productivity and carbon emissions coming up to 2030 but falls down when it comes to areas like smoking and access to education, according to a major report by the Organisation for Economic Co-operation and Development (OECD).
It is common knowledge that Ireland has a problem with the over-consumption of alcohol. What may be so well known is that we also have a problem with mind-altering narcotics, in particular, cocaine, heroin and prescription painkillers.
The middle class here may have largely escaped the worst of the “bleak” pressures on incomes and rising debt facing their counterparts in many parts of the world, according to a major survey by the Organisation for Economic Co-operation and Development (OECD).
The Irish Congress of Trade Unions (Ictu), the umbrella body for unions across Ireland, has warned of “a catastrophe” if the UK crashes out of the EU, while the Government’s National Treasury Management Agency (NTMA) said Irish bonds have already been affected by concerns over a no deal Brexit.
The scrap among EU countries, with Ireland very much at the centre of the fight, over a proposed tax on tech giants, is set to resume later today when finance ministers try to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.
The Government continues to have “reservations” over proposals by the European Commission, which are likely to recommend next week levying a 3% tax on the sales of major online companies. However, the Government believes the debate over the plans will be long drawn out, say officials.
International economic thinktank the Organisation for Economic Co-operation and Development (OECD) has recommended “a comprehensive and necessary” reform package be implemented in order to improve the regulation of energy and water services in Ireland.