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Ireland Monetary Union & Eurozone News is an EIN News Service for political professionals. Constantly updated news and information about Ireland EU Politics.
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Latest Ireland Monetary Union & Eurozone News

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  • WRAPUP 1-Dim economic prospects batter Greek markets 25 Nov 2009 15:15 GMT
    ... By Dina Kyriakidou ATHENS, Nov 25 (Reuters) - Greek ... basis points. That exceeded the spread of Irish bonds over German Bunds by about 23 basis ... of GDP, the highest ratio in the euro zone after Italy's. Under pressure from its euro ...

  • US recovery weaker than first thought 25 Nov 2009 01:50 GMT
    ... There was also positive news from the euro zone's second- largest economy, with French consumer spending ... splashed out on household equipment and clothes. Ireland recorded the second- highest increase in manufacturing orders ... manufacturing orders worked on in September among EU members, according to figures released yesterday. Data ...

  • Jimmy Choo shoes 45% dearer here than in Britain 25 Nov 2009 01:55 GMT
    ... carpet glitter at an affordable price. However, Irish consumers are being charged a mark-up of ... a 30 per cent mark-up on its euro-zone price, which is listed on its website ... for H&M are also significantly dearer in Ireland. A zebra print bag, for example, costs ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... foreseeable horizon.” Mr. Strauss-Kahn, who was visiting Europe this week, added that “the bigger risk ... keeping unproductive banks afloat and even stoking inflation. Some economists are worried that the splurge ... surge in supply. In Europe, borrowers like Ireland and Greece have come under particular strain. ...

  • Greek Troubles Continue to Weigh on the Euro 24 Nov 2009 22:13 GMT
    ... past month. Greece yields have risen above Ireland, which had been the highest yield in EMU this year. Ten year Greek yields are ... euro zone remains a great experiment of monetary union without political union. This coupled with the ...

  • EU industrial new orders up 1.7% 24 Nov 2009 11:34 GMT
    ... Last Updated: Tuesday, November 24, 2009, 10:47 Ireland recorded the second highest level of manufacturing orders ... manufacturing orders worked on in September among EU members, according to new figures released today. ... shows that industrial new orders in the euro zone rose by 1.5 per cent in September ...

  • Europe's public finances: Weighed down 24 Nov 2009 12:11 GMT
    ... On November 11th it proposed that 13 EU countries with big deficits should get them below ... worst fiscal shape have most to do. Ireland, for instance, will need to raise taxes or ... bond markets than lectures from Brussels. The euro-zone’s largest members will need to stick with ...

  • Ireland hit by public sector strike against cuts 24 Nov 2009 18:53 GMT
    ... areas badly affected by flooding, including Cork, Ireland's second largest city. Unions are angry that ... of the public services committee of the Irish Congress of Trade Unions (ICTU), said he believed ... to public servants, Ireland was the first eurozone country to plunge into recession as a ...

  • No alternative to cuts - economist 24 Nov 2009 12:54 GMT
    ... The Irish economy is in a crisis situation, according to ... in employers' PRSI. The economist warned that Ireland was being affected by unfavourable exchange rates, ... also warned that a recovery in the euro zone could hit the Irish economy with higher ...

  • Cut delays not an option - economist 24 Nov 2009 08:54 GMT
    ... in employers' PRSI. The economist warned that Ireland was being affected by unfavourable exchange rates, ... also warned that a recovery in the euro zone could hit the Irish economy with higher interest rates late in 2010 ...

  • Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
    ... certain sinners on the edges of the eurozone were "very close to losing their credibility", ... can no longer hide behind others in EMU's soft South. "As far as the bond vigilantes are ... needed. It is a striking contrast with Ireland," he said. Brussels says Greece's public debt ...

  • Workers may be holding economy in their pockets 24 Nov 2009 12:32 GMT
    ... to real wages increasing when prices fall. Irish wages do need to go down as well ... No-one has found a way to predict short-term currency rates, but the cycles tend to ... which depend on the UK market. When Ireland and Britain joined the EU in 1973, ...

  • Severn Trent PLC Half-yearly Report 24 Nov 2009 07:54 GMT
    ... in line with commitments (3% above RPI inflation) * Adjusted basic EPS up 21.6% to ... conditions in the first half, the long term fundamental drivers of the business remain strong ... International Standard on Review Engagements (UK and Ireland) 2410 "Review of Interim Financial Information Performed by ...

  • Findings from 109 years of stocks 24 Nov 2009 12:51 GMT
    ... stock market that suffered the most was Ireland's, which fell 70%. The conclusion is that ... behaved the same. During that time, the Irish stock market lost 9.5% a year. South Africa's ... 5.7%, which is very close to the long-term average over a century. Over 30 years, ...

  • Opening View: Wall Street Flat Ahead of Third-Quarter GDP 24 Nov 2009 14:32 GMT
    ... Opening View: Wall Street Flat Ahead of Third-Quarter ... down 2.1%, BBVA, down 1.2%, and Allied Irish Banks, down 2.5%, were among the lenders with ... (US/1 120'29) edged 1/32 higher on Monday. Long-term Treasurys clung to slight gains on the ...


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