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28/03/2008
Dublin's Ship Set To Come In
The Irish economy has had its first glimmer of good news in a long time with news of an influx of new tourists, and predictions of better days ahead by the economists.
A record number of cruise ships are set to sail into Dublin this year, pouring tens of millions of euro into the country, according to recent figures.
The record 82 luxury liners, up 15% on last year, will land in the city bringing 75,000 wealthy tourists into Dublin's dock.
The news comes as the Bank of Ireland's Chief Economist, Dan McLaughlin, announced a rise in the projected Gross National Product (GDP) for Ireland.
The economist predicts a 3% rise in the GDP for this year saying the Irish economy is more resilient than it is being given credit for, however Mr McLaughlin is known for his over zealous optimism.
The 3% figure is already a reduction of Mr McLaughlin's previous prediction of a 4% rise. The Bank of Ireland economist's predictions also conflict with the findings by the Economic and Social Research Institute (ESRI), which expects Irish growth to slump to a 20-year low of 1.6pc this year.
Dr McLaughlin further said that a move on reducing interest rates will not be coming until later in the year meaning continuing hardship for mortgage holders.
(DW/JM)
A record number of cruise ships are set to sail into Dublin this year, pouring tens of millions of euro into the country, according to recent figures.
The record 82 luxury liners, up 15% on last year, will land in the city bringing 75,000 wealthy tourists into Dublin's dock.
The news comes as the Bank of Ireland's Chief Economist, Dan McLaughlin, announced a rise in the projected Gross National Product (GDP) for Ireland.
The economist predicts a 3% rise in the GDP for this year saying the Irish economy is more resilient than it is being given credit for, however Mr McLaughlin is known for his over zealous optimism.
The 3% figure is already a reduction of Mr McLaughlin's previous prediction of a 4% rise. The Bank of Ireland economist's predictions also conflict with the findings by the Economic and Social Research Institute (ESRI), which expects Irish growth to slump to a 20-year low of 1.6pc this year.
Dr McLaughlin further said that a move on reducing interest rates will not be coming until later in the year meaning continuing hardship for mortgage holders.
(DW/JM)
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27 August 2014
Property Prices Increase In Dublin - CSO
Property prices in Dublin rose by 27% in July, according to the Central Statistics Office (CSO). Dublin house prices increased by 2.5% in the month and were 23.1% higher compared to a year earlier. Dublin apartment prices were 26.3% higher when compared with the same month of 2013. The price of properties in the rest of Ireland increased by 1.
Property Prices Increase In Dublin - CSO
Property prices in Dublin rose by 27% in July, according to the Central Statistics Office (CSO). Dublin house prices increased by 2.5% in the month and were 23.1% higher compared to a year earlier. Dublin apartment prices were 26.3% higher when compared with the same month of 2013. The price of properties in the rest of Ireland increased by 1.
19 May 2014
Labour Euro Candidate Launches 'Seven Point Plan'
Labour European election candidate Emer Cotello, has vowed to make Europe work better for Dublin, as she launched a seven point plan as part of election campaign. One-third of Ireland’s population lives in Dublin. An economically vibrant Dublin is therefore vital to Ireland’s overall economic and social well-being.
Labour Euro Candidate Launches 'Seven Point Plan'
Labour European election candidate Emer Cotello, has vowed to make Europe work better for Dublin, as she launched a seven point plan as part of election campaign. One-third of Ireland’s population lives in Dublin. An economically vibrant Dublin is therefore vital to Ireland’s overall economic and social well-being.
18 February 2014
CSO Figures Show Year-On-Year Increase In Irish Exports
The latest figures from the Central Statistics Office (CSO) show that Irish exports in December 2013 were up by 14% on the same period the previous year.
CSO Figures Show Year-On-Year Increase In Irish Exports
The latest figures from the Central Statistics Office (CSO) show that Irish exports in December 2013 were up by 14% on the same period the previous year.
11 April 2011
BOI Reveals 'Unwelcome' Economic Trends
In its latest quarterly update the Bank of Ireland (BOI) has forecast growth levels as more modest than expected. In 2011, the economy will grow by 0.5% - which is 1% down from the previous forecast. The bank's outlook highlighted "two surprising and unwelcome" economic trends over the past month.
BOI Reveals 'Unwelcome' Economic Trends
In its latest quarterly update the Bank of Ireland (BOI) has forecast growth levels as more modest than expected. In 2011, the economy will grow by 0.5% - which is 1% down from the previous forecast. The bank's outlook highlighted "two surprising and unwelcome" economic trends over the past month.
12 March 2014
New Multi-Denominational Schools To Open In September
Four new multi-denominational primary schools are to open in September, the Department of Education has announced. Educate Together will run the new schools to be based in counties Dublin, Mayo, Meath, and Waterford.
New Multi-Denominational Schools To Open In September
Four new multi-denominational primary schools are to open in September, the Department of Education has announced. Educate Together will run the new schools to be based in counties Dublin, Mayo, Meath, and Waterford.
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Ireland WeatherToday:Scattered sleet and snow showers will turn increasingly heavy and more frequent in the afternoon across the north. Largely dry with sunny spells in the south, but showers spreading here towards the end of the day. Maximum temperature 4 °C.Tonight:Frequent, often heavy showers of rain, sleet and snow will affect most parts this evening and overnight, but are likely to be most frequent across the northeast. Minimum temperature -1 °C.
