The housing market is likely to see continued “significant” pressure for the next couple of years, despite ambitious promises by the major political parties during the general election.
A huge national debt, as well as the twin threats of Brexit and a global slowdown, ensured Pascal Donohoe was never going to get involved in a giveaway, writes Neil Gibson
Ireland is likely to avoid falling into recession even in the event of a no-deal Brexit, but the UK crashing out of the EU would still nearly halt Irish economic growth, EY has warned.
The International Monetary Fund has urged the Government to “strengthen fiscal buffers, address key structural bottlenecks to growth, and continue preparing for Brexit” in its latest assessment on the country’s finances.
Finance Minister Paschal Donohoe has said he still intends to cut taxes for middle-income earners despite warnings from economic bodies about the economy overheating.
The Republic of Ireland is set to create 91,000 net new jobs by 2020, according to the latest EY Economic Eye Summer Forecast.
Some 91,000 net additional jobs should be created by 2020 across a broad range of sectors if the current economic recovery continues — but all bets are off until Brexit becomes clearer.
The outlook may be improving, but we cannot afford to be complacent about economic growth in the coming years, according to accounting firm E-Y.
The economy will increase 4.8% this year and 3.3% next year as a broadbased recovery takes hold, according to EY’s latest economic outlook.
GDP will grow by 2% this year and 2.4% next year on the back of rising exports and the first increase in consumer spending since the recession began, according to the EY Economic Eye.
‘Men Behaving Badly’ star Neil Morrissey says he has never apologised to Les Dennis for his affair with Dennis’s then-wife Amanda Holden, but says the pair have met since and shook hands.
The consultancy firm, EY, has downgraded its growth forecasts for the Irish economy on a weaker than expected global recovery.
Ireland is heading for a smooth exit from the bailout programme as GDP grows — delivering a huge political and reputational reward for the country, according to the latest Ernst & Young Economic Eye.
There is no significant improvement on the horizon for the Irish jobs market, according to the latest forecast by Ernst and Young.
A major accounting firm has downgraded its forecast for Ireland's economic growth this year.
IRELAND is expected to have fallen back into recession in the second half of this year.
Ernst and Young has said the economic uncertainty in other countries is threatening to derail Irish economic recovery.
A major accountancy firm is predicting growth in the Irish economy this year, for the first time since 2007.
BANKS have been accused of “cherry-picking” who they want to give mortgages to as brokers claim people can’t secure loans despite the number of applications increasing.
THE Government must be ready to renegotiate the terms of the bailout later this year if Greece secures more favourable terms, according to the author of the latest Ernst & Young’s Economic Eye.
THE cost of government bonds continued to rise yesterday and the difference in yield between Irish and German 10-year bonds reached a record 553 basis points (5.53%).
ERNST & Young has cut its growth forecast for Ireland’s economy by 1.7% for next year.
FRIENDS First’s analysis of the state of the economy ahead of the CSO stats on Thursday was pretty grim.
THE latest take on the economy from consultancy group Ernst & Young is quite positive.
THE economy is emerging from recession and will achieve the second highest GDP growth of 2.8% in 2011, behind Slovakia on 4%.
THE Irish Republic will not exit recession until 2011 but when it does, growth will exceed that of Britain and the North, according to the Ernst & Young Economic Eye winter 2009 forecast.
THE economy is in the grip of a depression having fallen by more than 10% from its peak during the current slump.
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