Most mortgages entering arrears are trackers New research by the Central Bank shows the majority of mortgage accounts going into default of up to three months in the past year have … Business • 23 Nov
Central Bank Governor not ruling out another rate hike The full effect of higher interest rates has yet to feed through the economy, according to the Central Bank's Financial Stability Review published today. Business • 23 Nov
€110 billion collected in taxes in 2022, up 17% on 2021 The Exchequer collected €110 billion in 2022 in taxes and PRSI, according to figures from the Central Statistics Office published today. Business • 22 Nov
Outlook for euro zone financial stability 'fragile' The European Central Bank has warned that the full effect of higher interest rates is yet to be felt in economies across the single currency … Business • 22 Nov
'Green' loans account for 7.7% of outstanding mortgages So-called 'green mortgages' or discounted rates for loans on homes with higher Building Energy Ratings (BER's) account for 7.7% of outstanding mortgages, but an increasing … Business • 20 Nov
Second auction for rights to generate offshore power The Government has announced plans for a second auction for rights to generate offshore power. Business • 20 Nov
New accountability rules for financial firms published The Central Bank has today published regulations and guidance for firms who have to comply with the Individual Accountability Framework (IAF). Business • 16 Nov
EU cuts Irish and euro zone growth forecasts for 2023 The European Commission has sharply revised downwards its forecasts for growth in the Irish economy measured by Gross Domestic Product (GDP), mostly due to falls … Business • 15 Nov
Annual rate of inflation slows to 5.1% in October - CSO The annual rate of inflation slowed to 5.1% in October, new figures from the Central Statistics Office show. Business • 09 Nov
Far too early for talk of interest rate cuts - Makhlouf The Governor of the Central Bank Gabriel Makhlouf has said the economy and financial system "is still adjusting to the change in interest rates by … Business • 08 Nov