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February 23, 2013 by David Murphy
By David Murphy, Business Editor in Madrid The Spanish crash has parallels with Ireland’s economic collapse. Banks in both countries funded a misguided building boom, the lenders were bailed out and the construction sector imploded. Now unemployment is a huge … Continue reading
February 11, 2013 by David Murphy
By David Murphy, Business Editor During Mike Aynsley’s tenure as boss of IBRC, formerly Anglo Irish Bank, he pulled off a few feats. One was to shrink the bank’s loan book from €100 billion to €15 billion, another was to … Continue reading
January 31, 2013 by David Murphy
by Business Editor David Murphy Question: what do Bermuda, the Cayman Islands and Ireland have in common? Answer: they are all countries used by multinationals to aggressively manage their tax bills. The Irish are slipping into bad company. Tax on … Continue reading
January 16, 2013 by David Murphy
By David Murphy, Business Editor This week came an insight into how the new Insolvency Service of Ireland will operate: it hinges on deal-makers. When Ireland’s financial crisis first began to detonate, the then Government quickly established Nama to filter … Continue reading
January 8, 2013 by David Murphy
By David Murphy, Business Editor There is a definite change in the air. The beginning of 2013 is defined by economic signals which indicate, at least, that the worst could be over. Unemployment remains extremely high, although steady, at just … Continue reading
December 12, 2012 by David Murphy
By David Murphy, Business Editor @davidmurphyRTE For many families next year will be defined by what is perhaps one of the most frightening chapters of the crisis as Ireland grapples with mortgage arrears. Thousands remain in limbo while the personal … Continue reading
December 5, 2012 by David Murphy
By Business Editor David Murphy @davidmurphyRTE Make no mistake. This property tax is tough. And the timing, at the nadir of an economic cycle, makes it even harder. While people on social welfare will be able – mostly – to defer … Continue reading
November 30, 2012 by David Murphy
David Murphy Business Editor As the Budget approaches it is becoming clear the property tax will form a large part of package of measures which will be unveiled by Michael Noonan. Politicians I have spoken to believe the new levy … Continue reading
November 23, 2012 by David Murphy
by Business Editor David Murphy @davidmurphyRTE There have been a lot of concerns about the reluctance of banks to lend to businesses. The boss of the Credit Review Office, John Trethowan, has said he is “disappointed” by the provision of … Continue reading
November 16, 2012 by David Murphy
By David Murphy, Business Editor @davidmurphyRTE It is no surprise the enormous salaries and pensions paid to bankers continue to make people deeply uncomfortable. Citizens who still have jobs are paying higher taxes, services are being cut, while many others can’t … Continue reading
The first bottom-fermented beer - Pilsner - was brewed 170 years ago. World Report's Rob Cameron on his love/hate relationship with it
Oxford Dictionaries has crowned 'omnishambles', which was coined on a satirical British television programme, as its word of the year
In the latest part of the Ambassador series, Cormac Ă“ hEadhra interviews Denmark's Ambassador to Ireland
The National Roads Authority says the most dangerous bends in the country are to be made safer
Petrel Resources claims there could be over one billion barrels of oil off the south-west coast of Ireland
