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 Church of England invested in online payday loan lender Wonga06 August 2013 Which Way To Pay The head of The Church of England is “embarrassed” to find out they have invested in Wonga, but what is really going on? Read More >> |
 Sunday Business Post newspaper: Sale agreed09 June 2013 Mark Maffia 10:00 Key Capital, the corporate finance firm, and Paul Cooke, the former Irish Daily Star managing editor, have reached a takeover deal for the Sunday Business Post. Read More >> |
 Pound weakens after Moody's decision25 February 2013 James Larkin After the rating agency Moody’s downgraded Great Britain from its AAA status to AA1, the pound reacted with a weakening against the dollar and the euro down to a 17 month-low Read More >> |
 Energy: Ireland to produce wind power for UK homes24 January 2013 James Larkin It is planned to create 40 wind farms in the Bog of Allen which altogether will have 700 wind turbines Read More >> |
 Let's Be Positive About The Irish Economy31 October 2012 Which Way to Pay The German Government seems to be taking a more positive stance regarding the Irish Economy. There is still a long way to go but there is light at the end of the tunnel. Read More >> |
 Positive Economic Figures In The UK Suggest The End Or Recession25 October 2012 Which Way to Pay The UK Office of National Statistics has announced that the UK has emerged from economic recession in the third quarter. Read More >> |
 Yahoo Has A Positive Third Quarter23 October 2012 Which Way to Pay Marissa Mayer is a positive influence on Yahoo. Read More >> |
 Warning For Ireland From IMF11 October 2012 11:00am Which Way to Pay The International Monetary Fund downgraded its expectations for growth in the world economy to 3.3% this year down from a 3.5% estimate seen in July. The agency forecasted the global economy will grow by 3.6% in 2013, again down from a July prediction of 3.9% and an April forecast of 4.1%. Read More >> |
 Irish GDP flat In Second Quarter25 September 2012 11:30am Which Way to Pay The Central Statistics Office have released figures that suggest Ireland’s economy was stagnant in the second quarter of the year, as consumers continued to cut back on spending and capital investment slumped. Read More >> |
 Ireland’s Businesses Suffer As Loan Refusals Climb23 August 2012 14:00 Mark Maffia According to a new report by Ireland’s central bank, Irish businesses face among the highest rejection rates for loans in Europe. The report highlights that a quarter of applications for loans or overdrafts by small and medium sized businesses are being refused. Read More >> |
 Manufacturing Sector Leads The Way 01 August 2012 16:17 Phoebe Robinson Irelands manufacturing sector increased even more in July, this was helped by a strong growth in businesses around the country, along with data released by Economists and the NCB new figures given out today. Read More >> |
 Ireland Makes Progress 27 July 2012 17:00 Phoebe Robinson Ireland returned to the bond market and the first move the government made was to borrow an astonishing 5 billion euros. This is the first time the country has been able to borrow long-term debt itself since September 2010. Read More >> |
 Will Ireland Benefit From The Olympics?20 July 2012 17:30 Phoebe Robinson Ireland is hoping, due to its close proximity to Britain that it will be a beneficiary of the London Olympics as it tries to boost tourism numbers which have stagnated so far this year. Read More >> |
 IBEC Have New Plans To Stimulate The Economy18 July 2012 16:00 Phoebe Robinson The Irish Business and Employment Confederation (IBEC) has come up with some new measures to help the ever falling Irish Economy try and pick itself up. A new state-backed investment bank, a new social welfare smart card system and the setting up of internationally recognised property investment funds are just some of the moves that the IBEC is calling for in its action plan for Ireland’s economic recovery announced today. Read More >> |
 Recession In Ireland Deepens11 July 2012 17:30 Lucy Williams The Irish economy was predicted to have expanded by 0.7 percent this year yet a fall of 0.4 percent in Gross Domestic Product (GDP) shows otherwise. A recent report containing statistics about the Irish economy actually shows a 0.2 percent decline. Read More >> |
 Will Household Owners Benefit From New Economic Plans? 25 June 2012 14:00 Phoebe Robinson New reports are revealing that homeowners will be 700 euro better off. The New Idea to reduce mortgage interest rates is expected to result in a 2.4% rise in the amount of income householders have by the end of 2012. Read More >> |
 The Future Is Not Looking Bright For The Irish Economy21 June 2012 17:30 Phoebe Robinson Unfortunately for Ireland, the country is forecast to slip back into recession this year Read More >> |
 Will A Move From Renting To Buying Cause The Irish Property Market To Rise Rapidly? 19 June 2012 11:00 Phoebe Robinson New reports have found that almost half of those renting can now afford to buy their own property and are suspected to do so once the Irish economy picks up again. Read More >> |
 Irish Consumer Sentiment Falls13 June 2012 14:30 Florence Fullalove According to KBC Bank Ireland/ESRI, Consumer Sentiment Index fell to 61.0 in May from 62.5 in April as the uncertainty surrounding the conditions in Europe and the fiscal treaty referendum weighed on consumers. Read More >> |
 Renewable Energy Industry Could Transform Ireland Economy30 May 2012 14:00 Victoria Wedderburn It was claimed today that as part of the Government’s strategy for Renewable Energy 2012-2020, Ireland could potentially export as much energy as it consumes. It was also suggested today that as many as 10,000 jobs could be created by 2013 in the wider green economy. Read More >> |
 85% Of Businesses In Ireland Are Not Growing25 May 2012 15:30 Victoria Wedderburn According to the latest Business Monitor for Q1 2012 issued by InterTradeIreland, 85% of businesses across Ireland are not growing. Read More >> |
 OECD Say Ireland Recovery Will Gain Strength From Rising Exports22 May 2012 16:00 Florence Fullalove The Organisation for the Economic Cooperation and Development (OECD) have said Ireland’s gradual recovery should gain strength next year as stronger growth in Europe and North America boosts exports. Read More >> |
 Ireland’s Trade Surplus Falls For Second Month17 May 2012 15:00 Mark Maffia According the Central Statistics Office, Ireland’s trade surplus declined for the second consecutive month in March. The country’s surplus fell as imports jumped by 26% but exports saw a slower growth. Read More >> |
 European Commission Forecasts Irish Economy To Pick Up In 201314 May 2012 15:00 Florence Fullalove The European Commission has said that it expects that the expansion of the Irish economy will pick up next year as domestic demand stabilises and growth increases in Ireland’s trading partners. Read More >> |
 IBEC Says Irish GDP To Grow By 1% in 201208 May 2012 16:30 Crage Campbell IBEC, the main Irish business lobbying group, in its latest Quarterly Economic Outlook said that the Irish economy will grow again this year, despite the slowdown in activity with its main trading partners. It predicts 1% GDP growth boosted by ‘strong export performance.’ Read More >> |
 Ireland’s Finance Ministry Cuts Economic Growth Outlook30 April 2012 15:30 Jack Stupple Irish Finance Ministry said gross domestic product would increase by 0.7% in 2012 and not the 1.3% previously expected due to damaging effects from a slowdown in Ireland’s trading partners that has already dragged the country back into recession. Read More >> |
 Bank of Ireland Mortgage Arrears Continue To Increase24 April 2012 17:00 Jack Stupple Bank of Ireland has said the proportion of its Irish mortgages in arrears rose this year amid a weak economy and high unemployment. Read More >> |
 Ireland Unlikely To Meet EU Targets For CO2 Emissions17 April 2012 10:30am Crage Campbell According to the Environmental Protection Agency (EPA), Ireland is expected to breach its annual obligations under the EU 2020 target for CO2 emissions. Read More >> |
 ECB Ready To Work With Irish Government12 April 2012 16:00 Crage Campbell European Central Bank’s executive board member Joerg Asmussen has said that the ECB is ready to work with the Government on any proposals to reorganise and improve the Irish banking system. Read More >> |
 Central Bank Keeps Ireland’s Growth Forecasts Unchanged05 April 2012 15:30 Victoria Wedderburn Ireland’s Central bank reaffirmed its growth forecast for the year of gross domestic product (GDP) growing by 0.5% and gross national product (GNP) is expected to fall by 0.7%. Its prediction of growth of 2.1% in 2013 is also unchanged. Read More >> |
 Irish Manufacturing PMI Expands 02 April 2012 10:00am Victoria Wedderburn Ireland’s manufacturing sector grew in March, seeing the first expansion for five months. Read More >> |
 Prime Minister Encourages Chinese Investment In Ireland’s Economy29 March 2012 10:00am Florence Fullalove During his official visit to China the Taoiseach Edna Kenny has been encouraging Chinese investment in Ireland. The Prime Minister said that confidence was returning to Ireland’s economy and that investing in Ireland would be very rewarding for Chinese investors. Read More >> |
 Kenny In China To Increase Economic Ties26 March 2012 14:00 Victoria Wedderburn Irish Prime Minister Edna Kenny is in China this week as part of a four day official visit. Considering the situation in Ireland, as its economy recovers from the European debt crisis, trade and cooperation between China and Ireland will be high on the agenda. Read More >> |
 Obama And Kenny Meet To Discuss Iran And Syria21 March 2012 13:00 Jack Stupple America’s President Barack Obama and Ireland’s Prime Minister Edna Kenny met yesterday behind closed doors to discuss the situation involving Iran and Syria. Read More >> |
 Ireland To Become An Oil Producer?15 March 2012 10:30am Florence Fullalove Ireland has been given hope that it could become an oil producer as Dublin-based oil explorer Providence Resources has said that a well off the coast of Ireland flowed at commercial rates.his will be great news for Ireland as its economy is still struggling amid the Eurozone crisis. Read More >> |
 Irish Business Sentiment Improves12 March 2012 14:00 Jack Stupple IBEC, the principal Irish business lobby group, have released its latest Business Sentiment Report for the first quarter of 2012 today and it shows a substantial improvement in business confidence. Read More >> |
 IMF - Prospects For Irish Economic Growth Deteriorate05 March 2012 Which Way to Pay The IMF’s latest quarterly report on Ireland’s financial outlook has raised concerns that Ireland’s economy faces far greater challenges than first thought. Read More >> |
 Ireland’s Economy To Grow By 0.9%29 February 2012 Which Way to Pay According to the Economic and Social Research Institute (ESRI) Ireland’s economy is expected to grow a modest 0.9 % in 2012 and more than double this rate in 2013 Read More >> |
 PayPal To Boost Irish Economy22 February 2012 Which Way to Pay Online payment group PayPal plan to create a thousand jobs in Dundalk over the next four years, in a move which has been praised by Prime Minister Edna Kenny as a signal of confidence in Ireland. Read More >> |
 PM Kenny Optimistic About Irish Economy17 February 2012 Which Way to Pay In a talk at the Institute of Politics yesterday Ireland’s Prime Minister, Edna Kenny, discussed Ireland’s economic recovery in an attempt to attract American investment. Read More >> |
 Prime Minister Unveils Action Plan for Jobs 201213 February 2012 Which Way to Pay Ireland’s Prime Minister Edna Kenny has today detailed what has been described as an “urgent” plan pledging to create 100,000 positions over the next four years. Read More >> |
 Bill Clinton To Urge US Businesses To Invest In Ireland07 February 2012 Which Way to Pay Former President Bill Clinton is to hold an event this week, “Invest In Ireland” to encourage business and economic leaders to invest in Ireland’s economic recovery. Read More >> |
 Central Bank Cuts Ireland’s Growth Forecast03 February 2012 Which Way to Pay Ireland’s central bank, in its quarterly report, said that the Irish economy substantially slowed in the last 6 months of 2011. As a result they have cut their growth forecasts for 2012. Read More >> |
 Irish Banks Could Prevent Second Bailout31 January 2012 Which Way to Pay There is speculation that the banks may help the state avoid another recession by easing financial pressure on Ireland. Read More >> |
 Troika Warn Ireland To Repay Bonds Or “Bomb Will Go Off”24 January 2012 Which Way to Pay Leo Varadkar, Transport Minister, has dramatically said that the Troika have warned the Irish Government that it needs to pay back over one billion Euros to bondholders in Anglo Irish Bank this week or , “a bomb will go off” in Dublin. Read More >> |
 Inflation Falls To 4.2%18 January 2012 Which Way to Pay The Office for National Statistics said that consumer prices index inflation dropped to 4.2% in December from 4.8% in November. Read More >> |
 Budget Deficit Targets Reached05 January 2012 Which Way to Pay According to newly released exchequer returns, Ireland’s budget deficit heightened to nearly €25 billion, increasing from €18.7 billion in 2010 with the increase accredited to bank recapitalisations. Read More >> |
 Banks Set to Suffer from S&P’s Downgrade Warning07 December 2011 Which Way to Pay Monday saw ratings agency Standard & Poor’s warn that it was considering downgrading the rating of sovereign debt of 15 of the eurozone countries. The body attributed the decision to political indecisiveness in regards to dealing with the drawn-out debt problems. Read More >> |
 Every Day Sees Five Firms Collapse01 December 2011 Which Way to Pay Figures compiled by Vision-net, a business intelligence firm, show that the number of companies collapsing has risen by 20% this year alone. This averages out to five every day folding. The first 11 months of this year saw a whopping 1,829 companies closing. The closing firms left behind around €1.15 billion worth of debt. Read More >> |
 Cabinet Budget Meeting Deliberates Cuts24 November 2011 Which Way to Pay The Cabinet is meeting today for the third time this week to discuss further cuts in the upcoming budget. Having been in meetings for two hours yesterday morning, Ministers continued to discuss how to further advance a budget that Minister for Finance Michael Noonan has described as being made more difficult because all the “low-hanging fruit” had been picked in last year’s budget, which saw a €6 billion contraction. Read More >> |
 Christmas Debt Warning for Irish Consumers21 November 2011 Which Way to Pay A survey conducted by the Irish League of Credit Unions (ILCU) has shown that it can take over 7 months for some people to pay back debts accumulated throughout the Christmas period. The survey also showed that despite difficult economic conditions at the moment, each average adult in Ireland is expected to spend €562 this Christmas. Read More >> |
 Eurozone Economy Expands 0.2%15 November 2011 Which Way to Pay The third quarter saw the economy throughout the 17 nations of the eurozone grow by 0.2% from the previous quarter according to the EU. The figure was hiked by good economic performances from France and Germany. Economists still however forecast recession across the single currency nations. Read More >> |
 Irish Fashion Company Bought Out by British Firm25 October 2011 Which Way to Pay The fashion retailer A|Wear has been acquired by the specialist British retial restructuring firm, Hilco. The Irish branch of the company has taken over. The financial particulars of the deal have not yet been publishes. Read More >> |
 Mortgage Debt Forgiveness Rejected in Proposal12 October 2011 Which Way to Pay A report published today saw a scheme proposed by the Inter-Departmental Working Group on Mortgage Arrears, which could see up to 10,000 people having their home ownerships given to the local authorities. Read More >> |
 Tesco in Ireland ‘Struggling to Recover’06 October 2011 Which Way to Pay Throughout the six month to the end of August, Tesco stores across Ireland that have been open for a minimum of one year saw sales drop by 3.4%. Tesco plc, the UK parent company of the chain, stated that the market in Ireland is continuing to ‘struggle to recover’. Read More >> |
 Drop in Manufacturing Increases03 October 2011 Which Way to Pay Manufacturing across Ireland has contracted at the fastest rate for nearly 2 years in September, fuelled by falls in the number of new export orders for the first time for a year. Read More >> |
 Twitter to Set Up Dublin Office27 September 2011 Which Way to Pay The micro-blogging social network site, Twitter, has confirmed rumours that an ‘international’ office is to be set up in Ireland. The rapidly growing site currently has 100 million users has been described as ‘one of the most exciting and fastest-growing’ companies in the world by Richard Bruton, the Minister for Jobs, Enterprise and Innovation. Read More >> |
 Second Quarter sees Economic Growth of 1.6%22 September 2011 Which Way to Pay Data published today indicates that the domestic economy expanded faster than predicted throughout the second quarter this year. This is the strongest growth seen during any quarter since the recession started in 2008. The figures show that gross domestic product grew by 1.6% from the first to the second quarter this year when the figures are seasonally adjusted. Read More >> |
 Trade Surplus from Ireland Third Highest in EU16 September 2011 Which Way to Pay New figures have shown the Irish trade surplus for the first six months of the year amounted to €21.3 billion. This is the third highest figure in the European Union, only exceeded by Germany and the Netherlands. The data from Eurostat also showed that the UK had the largest trade deficit in the EU at £56 billion, closely followed by France at €45 billion. Read More >> |
 Leading Economist says Ireland Can Get Out of This13 September 2011 Which Way to Pay Tobias Blattner, a former ECB economist, has said that regardless of the current European debt crisis, there is still hope for the economy in Ireland. He commented that ‘the markets are showing increasing confidence in Ireland because they’re achieving the targets set out in their austerity programme.’ Blattner said that there is hope for the Irish economy given that economic growth continues to rise, which is largely reliant on exports increasing. Read More >> |
 IMF Cuts Forecast for Irish Economic Growth08 September 2011 Which Way to Pay The International Monetary Fund (IMF) announced it favours case-by-case mortgage solutions and will back the Government in its ruling out of the widespread debt-forgiveness scheme. Read More >> |
 World Economic Forum Ranks Ireland’s Global Competiveness07 September 2011 Which Way to Pay Ireland was placed in 29th position in the World Economic Forum’s (WEF) Global Competitiveness Report out of 142 countries for the second consecutive year. However, this initially promising statistic is undercut by the fact the report placed Ireland last in the world on ability to balance the national budget. Read More >> |
 Consumers Should Fight Insurance Hike06 September 2011 Which Way to Pay Chief executive of the Consumer Association, Dermott Jewell told consumers yesterday that they do not have to accept another round of hikes in home insurance rates. Jewell advised on a range of things that consumers are able to do to avoid crippling rises including; shopping around for a better quote and changing the way you pay your premiums. Read More >> |
 IMF Warning: Global Economic “Downward Spiral”05 September 2011 Which Way to Pay The International Monetary Fund has encouraged the US and Europe to abandon fiscal austerity and switch to stimulus measures amidst a warning that the global economy faces a "threatening downward spiral". Read More >> |
 Is the Bank of Scotland Making Secret Deals with Customers?02 September 2011 Which Way to Pay Evidence has emerged to suggest that the Bank of Scotland (Ireland)/Halifax is doing secret deals to reduce the size of personal loans and credit card debt. The lender has refused to acknowledge the claim even in the face of evidence surfacing in the media this week. Read More >> |
 Savers Withdraw €1bn from Irish Bailed-Out Banks01 September 2011 Which Way to Pay The level of private-sector Irish deposits is at a new low of €102.6bn following substantial withdrawals from individuals and companies as shown by figures released by the Central Bank yesterday. Read More >> |
 Permanent TSB Buys Northern Rock Irish Deposits31 August 2011 Which Way to Pay In a €650 million deal, Northern Rock has sold its Irish deposits to Permanent TSB who are hopeful that the purchase will improve its crucial loan-to-deposit ration by 10 percentage points. Read More >> |
 Paddy Power Wins in Online Gambling30 August 2011 Which Way to Pay The Ireland-based gambling group, Paddy Power, has claimed to beat its rivals to the mobile betting market. The company have reported a 42% rise in the number of customers using Paddy Power betting sites during the first half of 2011. The company’s 209 betting shops across Ireland did not do so well however, as they continued to suffer. Read More >> |
 iQuit – Steve Jobs Resigns25 August 2011 Which Way to Pay Last night CEO of Apple, Steve Jobs resigned with immediate effect from the company he co-founded 35 years ago at the age of 21. Following the news that Jobs will resign, Apple shares fell more than 5% in after-hours trading. Read More >> |
 Banks Hoard Cash Amidst Lending Fears24 August 2011 Which Way to Pay The European Central Bank (ECB) raised concerned that they are increasingly reluctant to lend in light of data showing a spike in the amount of cash deposited by commercial banks last week. Read More >> |
 Anglo Review INBS Mortgage Book 23 August 2011 Which Way to Pay Anglo Irish Bank has ordered a review of the mortgage book it inherited from Irish Nationwide (INBS) amidst claims from the bank that the asset is “low quality”. Read More >> |
 Small Businesses Prepare for a Double-Dip Recession22 August 2011 Which Way to Pay The very real prospect of a global double-dip recession alongside concerns of another banking credit crunch to the background of complete inability on behalf of European leaders to address sovereign debt problems have done little to aid Ireland’s fiscal prospects. Indeed, debt problems have stretched worldwide causing stock markets to capitulate in global sell-offs to a scale which hasn’t been witness since the collapse of the Lehman Brothers. However, in this global picture, where do Ireland’s small businesses fit in? Read More >> |
 Zurich Insurance Sales Fall18 August 2011 Which Way to Pay Zurich have reported the dramatic reversal of their Irish market share growth is a result of “aggressive pricing” by Irish Life Assurance and New Ireland. The life insurance giant seems unable to match up to the duo’s sales as shown by the 10% fall in new business sales for the first half of this year. Read More >> |
 Pensions Making Big Business17 August 2011 Which Way to Pay New business sales in Ireland by Standard Life were up by more than 60% in the first half of the year. The introduction of PRSA products and an influx of cash into pension pots resulted in a bumper six months for the firm. Read More >> |
 O’Leary’s €350m Bid for Ryanair Terminal at Dublin Airport16 August 2011 Which Way to Pay The renowned Ryanair chief Michael O’Leary has said he would by either of Dublin Airport terminal’s for €350m in the event of their sale by the Government. Analysts have purported that O’Leary’s low-cost airline will have a €3.5 billion cash pile by the end of 2011, giving them more than enough to buy a terminal. Read More >> |
 Ireland’s Housing “Fire-Sell” Phenomenon15 August 2011 Which Way to Pay It seems further misery looks set to fall on the shoulders of variable-rate mortgage holders in the near future; the Bank of Ireland and AIB are on solo runs to hike rates, whilst whispers are being echoed of an imminent ECB interest rate U-turn and cuts. In an already static housing market, such news will have adverse impact on a sector down by 50% from the peak, with a forecasted potential to fall to 70%. Read More >> |
 Consumer Index Down11 August 2011 Which Way to Pay Consumer confidence has fallen in July as a result of the global financial crisis as well as the European Central Bank’s move to hike rates a second time in June. According to KBC Bank and the ESRI, the consumer sentiment index weakened to 55.9 from 56.3 in June and thereby setting the path for lower consumer activity in following months. Read More >> |
 300 Jobs Created in Dublin and Cork10 August 2011 Which Way to Pay PayPal and health firm, Mowlam Healthcare gave the economy a welcome boost yesterday with the announcement of 300 new jobs in Dublin and Cork. Read More >> |
 National Irish Bank Declares €400m Loss09 August 2011 Which Way to Pay The National Irish Bank, owned by the Danske Bank Group, has posted a pre-tax loss of €400m for the first six months of this year. The bank has set aside €420m to manage bad loans leading to the pre-tax loss. Read More >> |
 State Bank Grants Political Control of Home Debt08 August 2011 Which Way to Pay Concern is brewing that political control of Irish banks will enable less scrupulous politicians to abuse their power and reward supporters by means of forgiving mortgages and lending money, or such is the opinion of UCD academic Morgan Kelly. Over the weekend, Prof Kelly commented that state ownership of large parts of the banking system creates "vistas of patronage that Charles Haughey wouldn't have been able to dream of”. Read More >> |
 Ireland’s Credit Rating Affirmed by Standard & Poor’s05 August 2011 Which Way to Pay The sovereign credit rating for Ireland of ‘BBB+/A-2’ has been affirmed by ratings agency Standard & Poor’s (S&P). The agency also stated that the outlook on the ratings is reasonably stable. Ireland’s rating, along with the encouraging forecast, is a reflection of S&P’s view of the Irish government, and their potential to stabilise the country’s finances. Read More >> |
 Creditor Contact Limits to Increase Debt Arrears04 August 2011 Which Way to Pay More people will be forced into arrears according to banks and credit card companies as a result of moves by the Central Bank to change rules aimed to protect the consumer. Lenders are worried that proposed rules which will restrict lender-borrower communication to a maximum of three contacts per month will be detrimental to consumers that frequently get into credit card and loan arrears. Read More >> |
 Irish Bonds Withstand European Debt Markets03 August 2011 Which Way to Pay Irish government bonds have bucked the downward price trend in the latest European debt markets. The 10-year borrowing costs are now close to 10pc for the first time since June 20. Read More >> |
 Telecity to Buyout Irish Data Firm01 August 2011 Which Way to Pay Data Electronics, an Irish data centre provider, is thought to be in the provisional stages of talks with UK data company Telecity Group as the firms are reportedly discussing a £100 million deal. Telecity is one of the data centre companies currently benefitting from an increasing number of companies opting for ‘cloud’ computing as a way of storing data. Read More >> |
 Italy Borrowing Expected to Increase28 July 2011 Which Way to Pay As today sees Italy sell up to €8.5 billion worth of bonds, the country’s borrowing costs are predicted to soar, with anxiety over the mounting debt seeing its 10 year bond yield pushed to the highest level in over ten years. Earlier in the month, Italian assets were sold off as fears of the country being sucked into the eurozone debt crisis mounted, as well as the second bailout package for Greece being agreed last week. Read More >> |
 Default Should Be Avoided At All Costs Says Michael Noonan27 July 2011 Which Way to Pay The Irish Finance Minister, Michael Noonan, has publically warned that a default on Ireland’s debts could lead to people going hungry, and even starving to death. During the last sitting of the parliament before the summer recess, Noonan debated the suggestion that Ireland Inc possibly should default with Shane Ross, Independent deputy. Read More >> |
 Household Spending Suffers as Interest Rates Rise Again22 July 2011 Which Way To Pay New figures based on the estimated amount of Irish household debt have shown that the rise in interest rates is bleeding the economy of millions. Read More >> |
 The Rise in Irish Bond Yield Eases 20 July 2011 Which Way to Pay The decrease in the cost of borrowing on Irish bonds has eased pressure across weaker European borrowers today. This news gives hope that the seemingly relentless rise in government bond yield will come to an end as markets are seen to improve across Europe. Read More >> |
 Larry Summers Comments on Current Irish Interest Rates19 July 2011 Which Way to Pay Larry Summers, known for being an instrumental economic advisor to President Barack Obama as well as treasury secretary under Bill Clinton, has likened Irish interest rates to reparations faced by Germany after to World War One. This commentary gives a boost to Ireland’s attempts to get a reduction on the interest rates associated with its bailout loans. Read More >> |
 Allied Irish Banks To Use Visa Debit Card 18 July 2011 Which Way to Pay The Allied Irish Banks (AIB) announced today that they will be replacing the Laser and Maestro cards currently in use with Visa debit cards during the second half of 2012. This move comes as the AIB prepare to introduce contactless payment for transactions under the value of €15. Read More >> |
 Company In Galway Creating 145 New Jobs15 July 2011 Which Way to Pay C&F Green Energy announced the creation of 145 jobs in their wind turbine manufacturing in Galway. The jobs are related to a new range of small wind turbines to be produced in Athenry. The turbines have been in development over the last two years, designed for powering residential property, factories and farms. Read More >> |
 Inflation Rates Stay At 2.7%14 July 2011 Which Way to Pay According to new data released by the CSO’s Consumer Price Index, inflation has stayed at the rate of 2.7% throughout June. This follows the 3.2% throughout April, which was the highest level seen in 30 months. Summer sales have impacted on the cost of clothes, footwear and household goods, lowering prices by 0.1% in June. Read More >> |
 Irish Debt Downgraded To “Junk” Status By Moody’s13 July 2011 Which Way to Pay The ratings agency Moody’s have downgraded Irish debt status to “junk”, a decision that has been openly criticised by the European Commission. Read More >> |
 Google Chief Urges Ireland To Invest In Broadband 28 June 2011 Which Way To Pay Eric Schmidt said that the Government must develop the country’s broadband capabilities. Read More >> |
 Welcome to Which Way To Pay Ireland31 March 2011 Which Way To Pay Which Way To Pay is an independent, international financial comparison and reviews website. Read More >> |
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