Economy News
Slight Dip in Commercial Vacancy Rates Sparks Optimism in Q2 Business Report
National commercial vacancy fell to 14.5%, the first decline since 2013, highlighting regional disparities. Investment…
Tech and Finance Power Duo: Mario Draghi and Patrick Collison Launch New Rhine Group Think Tank
Mario Draghi and Patrick Collison have launched the Rhine Group to address Europe's future challenges.…
Finance Watchdog Warns: New Budget and Tax Cuts May Spike Prices
The Irish Fiscal Advisory Council warns that a large budget package will increase prices and…
Goldman Sachs Warns: EU Restrictions Jeopardize 27% of Chinese Exports
The EU's trade measures against China could impact 27% of its exports to the bloc.…
Escalating Iran Tensions Drive Up Costs for Commercial Construction Projects
Tender prices in commercial construction are rising due to the Middle East conflict, with a…
Ireland’s Electricity Imports Skyrocket as Local Production Stalls
Ireland's electricity imports rose in 2025 as domestic generation stayed flat despite wind and solar…
Streaming Service Price Hikes in Western Europe Outpace Global Trends
Streaming subscribers in Western Europe face higher price hikes than any other market, driven by…
Six Nations Urge EU Summit on Windfall Tax for Oil Giants This September
Six EU nations urge the EU to discuss taxing windfall oil profits due to Iran's…
Overwhelming Fear of Homeownership: Under 35s Losing Hope, New Report Reveals
Most Irish under-35s doubt homeownership, with many considering social housing or renting. Housing market concerns…
Ireland’s Sovereign Rating Boosted to ‘Aa2’ by Moody’s, Highlighting Strong Fiscal Resilience
Moody's upgraded Ireland's credit rating to "Aa2" citing strong economic and fiscal strength, effective policymaking,…
Discover Why Overseas Buyers are Flocking to Irish Real Estate Amid Rising Temperatures
Ireland's appeal to international property buyers, like Meta's Mark Zuckerberg, is growing due to its…
Rising Concerns Spur Surge in EU Cash Stockpiling Amid War, Wildfires, and Cyber Threats
Despite growing smartphone payments, EU banknotes in circulation are increasing. Driven by crisis preparedness, citizens…
Ireland’s Customer Service Sector Transforms with AI and New Technologies
Irish consumers embrace AI for simple tasks but prefer human interaction for complex issues. CCMA…
Ireland Not Prepared for the Challenges of a Warming Europe, Warns Expert Alan Healy
As climate change challenges Europe, Ireland faces heatwaves, increased tourism, and agricultural shifts. Energy and…
Job Numbers Show Modest Rise Despite Easing Labor Market Trends
Ireland's employment grew 0.8% in Q2, with signs of labor market softening. Employment reached 2.84m,…
Ireland’s Housing Dilemma: Scarcity of Second-Hand Homes Challenges First-Time Buyers
Second-hand home supply in Ireland has dropped, particularly in affordable categories, intensifying housing market pressure…
UCC Launches €100M Tyndall Expansion: Construction Begins on Cutting-Edge Project
UCC and Tyndall Institute's €100m redevelopment of Cork's Distillery Fields begins. The site will house…
Nearly 50% of Irish Flyers Unaware of Their Rights
Airlines paid €1.1m in refunds/compensation, yet nearly half of Irish flyers remain unaware of their…
New National AI Office Proposed to Boost U.S. Investment Opportunities
AmCham urges Ireland to establish a National AI Office to boost AI leadership and attract…
Tourism Boost: 5,000 Beds Open Up as Refugee Accommodations Decrease by 10%
Tourism gains as 4,900 beds return, with State-contracted beds for asylum seekers dropping 10%. New…
AI Boom Could Spark Stock Market Correction, Warn ECB Researchers
A tech-led stock market correction poses risks for the eurozone, warns the ECB. AI-driven valuations…
State Risks Missing Green Benefits Without Major Infrastructure Overhaul, Warns Chambers Ireland
Chambers Ireland warns systemic change in infrastructure is crucial for climate transition. Urges prioritizing delivery…
Unlock Savings: Is Now the Perfect Time to Cut Your Rising Electricity Bills with Solar Panels in Ireland?
Energy prices in Ireland are rising due to Middle East conflicts affecting natural gas. Solar…
Major Landlord Reveals How New Rental Rules Will Boost Apartment Investments
New rental regulations improved capital flow, boosting I-RES’s profits to €48m. Portfolio lowers to 3,611…
Fostering Open Communication Key to Reducing AI Anxiety Among Irish Workforce
AI's impact on jobs is a growing concern in Ireland. Employers should address AI anxiety…
Are Cork’s New Apartments Designed for Long-Term Living or Short Stays?
20 construction projects in Cork are underway, adding 1,300+ apartments. While meeting housing needs, they're…
Consumers Feel the Pinch as Prices Continue to Soar
Irish households face pressure from rising prices despite drops in car and home insurance. Inflation…
Irish Film Industry Set for Exceptionally Strong Year in 2026
Irish screen productions, featuring stars like Robert Sheehan and Omar Sy, gain millions in tax…
Western Business Alliances Urge Rapid Investment in Transport Infrastructure
Western business groups urge government to fast-track transport investment to boost economic growth, connectivity, and…
Sharp Increase: Live Register Claimants Surge 3.4% in July
Ireland's Live Register saw a 3.4% rise in July with 191,880 claimants. Most are under…
UK Turns to Ireland for Innovative Solutions to Youth Unemployment Challenge
British MP Alan Milburn visits Dublin to address the UK's youth jobs crisis, highlighting Ireland's…
Elevate Your Workplace Communication: Mastering Professional Language
Swearing is everywhere, even in workplaces. While some enjoy it, excessive profanity can harm leadership…