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2
Oct
2015

Today's Exchequer Statement for September 2015 shows that the position of the Exchequer continues to improve with the underlying Exchequer deficit in 2015 at €2.1bn compared to an underlying deficit of c. €6.1bn in 2014 (excluding all of the substantial one-off transactions). This equates to a year-on-year improvement of c. €4.0bn on the back of increased tax and non-tax revenue and reduced expenditure.

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1
Oct
2015

Reform at governance level in Ireland comes at glacial speed if at all. After decades of delay and in the final months of the 31st Dáil Éireann parliamentary term, the current Irish Government hopes to see the enactment of timid legal services reform proposals with further procrastination provided for in the legislation.

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1
Oct
2015

While business conditions in the Irish manufacturing sector improved again in September amid marked growth of new business, the rate of expansion in production slowed to a 19-month low. Meanwhile, input prices fell for the first time in seven months amid falling prices for oil-related products and other raw materials — Irish manufacturing prices track movements in the dollar/euro rate as American-owned firm dominate the sector.

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30
Sep
2015
30
Sep
2015

Ireland: The Government on Tuesday announced a capital spending plan that it called a "new €42bn framework for infrastructure investment in Ireland over the period 2016 to 2021." It will involve public spending of €27bn and €15bn comprising a public private partnership investment of €500m State-owned sector investment of around €14.5bn.

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28
Sep
2015
25
Sep
2015

Irish standard of living per inhabitant is at 23rd of 34 rich nations according to the most comprehensive analysis of global material well-being covering 179 countries. Last June we published Eurostat data for 2014 which showed that Irish actual individual consumption per capita (AIC) — a proxy for standard of living - was below the Euro Area average in 2014 and close to the levels of Spain and Cyprus.

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24
Sep
2015
24
Sep
2015

London has moved ahead of New York to reclaim the number one position in a ranking of financial centres in 84 cities across the world. London climbed 12 points in the ratings to lead New York by eight points according to the latest survey which was launched in Shenzhen, China, on Wednesday. The International Financial Services Centre (IFSC) in Dublin has climbed six ranks from 52 in March to a ranking of 46th.

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23
Sep
2015

Migration: Ireland has the highest share of nationals living abroad of the 34 mainly developed member countries of the Organisation for Economic Cooperation and Development (OECD): more than 17% of Irish-born persons aged 15 and over, lives overseas. The share of foreign-born persons living in Ireland is also very high, reaching 20% of the total population, following a sharp increase over the years 2001 to 2011. Foreign workers typically originate from other EU member states, as they benefit from free labour movement, as well as from other English-speaking countries.

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