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Economy in recession over impact of Covid-19 restrictions

New figures from the Central Statistics Office show that the economy contracted by 6.1% during the second quarter of 2020 ...
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Pound falls on threat to Brexit divorce deal

Sterling fell to a 12-day low against the US dollar and the euro today as Brexit talks veered into fresh ...
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Eurozone economy stalls as north-south divide emerges

The euro zone’s recovery ran out of steam midway through the third quarter, with gauges of activity pointing to contractions ...
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Resilient taxes can’t match ballooning Government spending as €9.452bn defecit recorded

The amount of tax being collected by the State has continued to defy the scale of the pandemic economic crash ...
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Germany plans to borrow €80bn to see out Covid crisis

German Finance Minister Olaf Scholz is working on a budget for next year that would see Berlin take on net ...
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Service sector recovers at faster pace in August – PMI

ctivity in the services sector grew for the second month in a row in August, and at a slightly faster ...
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Exchequer deficit climbed to €9.5bn by end of August

The public finances recorded a deficit of €9.5bn at the end of August according to the latest Exchequer Returns.  This compares ...
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Tourism and hospitality sector seeks help as losses reach €27m a day

The loss of international tourists to Ireland is costing the tourism and hospitality sector €27m a day. That’s according to ...
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New Government wage support scheme comes into effect

The Government’s new Employment Wage Subsidy Scheme came into effect at midnight, and will continue to provide payroll support until ...
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