09/07/2008
Cowen Says Economy In 'Temporary Period Of Challenge'
Brian Cowen has described the slowing Irish economy as a "period of challenge" during a Daíl meeting on Wednesday morning.
The sitting was called to discus Tuesday's announcement that almost €500 million was to be cut from government spending.
Focusing on the economic downturn and the national development plan the Taoiseach said that despite the negative forecasts, the Irish economy was better equipped to deal with the slowdown than in the 1980s, adding the "unprecedented" capital investment would be essential to maintaining growth in the future.
Among the cutbacks, the Taoiseach said €50 million would be saved through measures identified in an earlier review of Government Departments; €21 million from savings on advertising, PR and consultancy expenditure; and €10 million from payroll savings.
The remaining €360 million will come from savings on non front-line programme expenditure,
However, opposition parties have claimed the spending cuts have left hundreds of thousands of families all over Ireland are now worried about their livelihoods, the value of their homes and pensions.
Speaking after the meeting, Fine Gael leader Enda Kenney said he could not trust a government that within "just two years, turned a €2 billion surplus into at least a €8 billion deficit, the biggest deterioration in the Irish public finances in the history of the State."
(DW)
The sitting was called to discus Tuesday's announcement that almost €500 million was to be cut from government spending.
Focusing on the economic downturn and the national development plan the Taoiseach said that despite the negative forecasts, the Irish economy was better equipped to deal with the slowdown than in the 1980s, adding the "unprecedented" capital investment would be essential to maintaining growth in the future.
Among the cutbacks, the Taoiseach said €50 million would be saved through measures identified in an earlier review of Government Departments; €21 million from savings on advertising, PR and consultancy expenditure; and €10 million from payroll savings.
The remaining €360 million will come from savings on non front-line programme expenditure,
However, opposition parties have claimed the spending cuts have left hundreds of thousands of families all over Ireland are now worried about their livelihoods, the value of their homes and pensions.
Speaking after the meeting, Fine Gael leader Enda Kenney said he could not trust a government that within "just two years, turned a €2 billion surplus into at least a €8 billion deficit, the biggest deterioration in the Irish public finances in the history of the State."
(DW)
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24 February 2012
Irish Economy Returned To Modest Growth In 2011
There is still uncertainty regarding the outlook for the euro zone, according to the Economic and Social Research Institute (ESRI).
Irish Economy Returned To Modest Growth In 2011
There is still uncertainty regarding the outlook for the euro zone, according to the Economic and Social Research Institute (ESRI).
16 April 2008
OECD says Irish competitiveness must improve
The OECD has warned that the Irish economy must stay competitive in the immediate future. The report named the 'Economic survey of Ireland 2008' said it is important that Ireland remains internationally competitive as it faces new challenges.
OECD says Irish competitiveness must improve
The OECD has warned that the Irish economy must stay competitive in the immediate future. The report named the 'Economic survey of Ireland 2008' said it is important that Ireland remains internationally competitive as it faces new challenges.
10 July 2009
Gardaí Seize Two Million Contraband Cigarettes
A successful operation to net a huge haul of illicit tobacco products in Dublin has just been revealed. The joint operation was between the Garda Siocahana and the Irish Customs Service at Dublin Port. It has resulted in the detection and seizure of what are believed to be two million contraband cigarettes.
Gardaí Seize Two Million Contraband Cigarettes
A successful operation to net a huge haul of illicit tobacco products in Dublin has just been revealed. The joint operation was between the Garda Siocahana and the Irish Customs Service at Dublin Port. It has resulted in the detection and seizure of what are believed to be two million contraband cigarettes.
14 November 2008
British Men Remanded Over €500M Cocaine Seizure
The three British men charged in connection with a €500 million cocaine seizure off the coast of West Cork have been remanded in continuing custody after Thursday's court appearance. Philip Doo, 52, Christopher Wiggins, 42, and David Mufford, 44 were in Kinsale District Court this morning facing charges under the Drugs Trafficking Act.
British Men Remanded Over €500M Cocaine Seizure
The three British men charged in connection with a €500 million cocaine seizure off the coast of West Cork have been remanded in continuing custody after Thursday's court appearance. Philip Doo, 52, Christopher Wiggins, 42, and David Mufford, 44 were in Kinsale District Court this morning facing charges under the Drugs Trafficking Act.
12 March 2008
Cigarettes Seized In Laois
Revenue Commissioners have seized between eight and nine million contraband cigarettes in Co. Laois. It is understood that the cigarettes, which were valued at €3 million, were found in a container, which was wrongly delivered to an address in Durrow. It is believed that the container came from Spain and passed through Dublin Port.
Cigarettes Seized In Laois
Revenue Commissioners have seized between eight and nine million contraband cigarettes in Co. Laois. It is understood that the cigarettes, which were valued at €3 million, were found in a container, which was wrongly delivered to an address in Durrow. It is believed that the container came from Spain and passed through Dublin Port.
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Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.