The Social Protection Minister has tasked two of her most senior officials with
putting a stop to the leaking of sensitive information about members of the
This is because comparatively higher economic
growth in Ireland should offer some boost to these banks' bottom lines and
improve the performance of asset portfolios via rising borrower debt-service
capability, Moody's said.
GLOBAL ingredients and nutrition firm Glanbia has reported a 10.7pc increase in
revenues to €1.7bn for the first half on a constant currency basis.
New car sales in the Netherlands will hit a 45-year low this
year, the industry said yesterday, as the Dutch government was warned any
worsening of unrest in Ukraine or the Middle East could end hopes of fragile
economic growth in 2015.
The unexpectedly high price offered for the rented homes in four
separate suburban developments underlines the heightened competition between
investment funds for distressed assets being offloaded by the State property
agency as well as the higher rents now widely available for apartments.
In keeping with the other Irish banks, Permanent TSB’s half-year
results yesterday showed improving trends on a number of fronts.
Poland has asked the European Commission to lodge a complaint to
the World Trade Organisation (WTO) over a Russian ban on EU food products, the
Polish Economy Ministry said yesterday.
Euro Topics: Burial mound in Amphipolis is Greece's chance: Archaeologists working near Amphipolis in northeastern Greece last week discovered a vast burial site dating back to 325 to 300 B.C. It is thought to be the tomb of the family of the Macedonean king Alexander the Great. What a chance for Greece, the Greek online daily To Vima rejoices: "This fabulous heritage in the midst of an equally fabulous natural environment constitutes our country's biggest treasure. But it's not enough just to sit back and rest on our laurels. ... We must protect this heritage, and above all present it in the best way possible. This is not just a moral and historical imperative, but also the path to a better future. ... The global interest in the discovery of the tomb in Amphipolis gives us a unique opportunity to think about how we can best exploit our cultural heritage."
Poles are world champion taxpayers: Poles spend an average of 286 hours a year filling out tax forms, according to a recent study. The conservative news portal Wprost calls for a sweeping tax reform: "The taxes here are absolutely absurd. The VAT on healthy mineral water or green tea is 23 percent. Yet instant soups, crisps and salty snacks come under the reduced rate of eight percent. The system is repressive. The [annual] tax allowance of 3,091 złoty [740 euros] hasn't changed in six years, apart from an 'astronomical' rise of two złoty in 2009. Even in Tanzania it's twice as high. ... But instead of tackling this pathological state of affairs, [Finance] Minister Szczurek only digs deeper into our pockets. Now he even wants to introduce a tax on fibre optics."
Send exports to China instead: While Russia is dispensing with European meat imports in reaction to Europe's trade sanctions, China could become an important new market for Spanish meat, the left-liberal Spanish business daily Cinco Días observes: "Between 2008 and 2012 Spanish meat exports to China have increased five-fold. The investments of the Shuanghui/WH Fosun groups in Campofrio and Osborne, respectively, confirm China's strategic interest in this sector. The process of approving Spanish food products for China was slow but doesn't seem to be as arbitrary as that of Rosselkhoznadzor [the Russian Federal Service for Veterinary and Phytosanitary Surveillance]. And since the setting up of Chinese certifying agencies in Spain the process has become much easier. Without doubt the future of Spanish meat may be decided in Asia."
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