Council said Budget 2016 met fiscal rules, but five-year projections were not realistic

    Government criticised over spending increases

    07.24 The Fiscal Advisory Council has criticised the Government for increasing spending in this year's budget, saying it was "a deviation from prudent economic and budget management".

    VW Korea has been fined $12.31m, the biggest penalty imposed on a car maker in Asia's fourth-biggest economy

    South Korea fines Volkswagen, orders recall

    08.47 South Korea today became the first country outside the US to punish Volkswagen on the basis of its own emissions tests, slapping the German automaker with a record fine.

    Oil prices mixed after US commercial crude supplies report

    Oil prices hold above $43 in Asian trade

    07.28 Oil prices held above $43 a barrel in Asia today after US commercial crude supplies rose at a slower pace, while jitters lingered over the shooting down by Turkey of a Russian warplane.

    The payments were made over the past three years and amount to 0.1% of the Central Bank pay bill over the period.

    Central Bank paid €234,000 in retention payments

    25 Nov The Central Bank has revealed it paid €234,176 in retention payments to a select number of staff in order to address challenges with regard to attracting and retaining employees in certain areas.

    Property prices rose by 7.6% on a yearly basis in October, new CSO figures show

    Property prices up 1.6% nationwide in October

    25 Nov Residential property prices grew at their second fastest monthly rate this year in October, increasing 1.6% from the previous month, but the annual growth rate continued to slip.

    Today is Patrick Honohan's last day as Central Bank Governor

    Honohan says seeing signs of results from QE

    25 Nov There are signs that the European Central Bank's quantitative easing is producing results but the bank needs to continue accommodative policies, Patrick Honohan said today.

    UK finance minister George Osborne gives his half-yearly budget update

    UK's Osborne raises budget target

    25 Nov British finance minister George Osborne surprised his critics today by increasing his budget surplus target for the end of the decade.

    Eir CEO Richard Moat reports 'solid' third quarter performance

    Eir's third quarter earnings rise by 6%

    25 Nov Telecoms group Eir has said its earnings - before accounting for interest on its debt, depreciation of its assets and tax - rose by 6% to €120m for the three months to the end of September.