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Category Archives: Economy

Boomer is not a word.

Friday, July 24, 2006. (Source: The Broadsheet)

The vultures are circling

Ernst & Young to add 300 staff – Irish Times Steven Carroll – Saturday, February 20, 2010 Accountancy and consulting firm Ernst & Young has announced it will create 300 jobs across Ireland over the next 18 months. [...] The company said the move came “in anticipation of the island of Ireland economy beginning to [...]

The estimated cost of NAMA

€54,000,000,000 Fifty-four thousand million euro. It is estimated that the National Asset Management Agency (NAMA) will pay €54 billion to the banks for property-related loans with a face value of about €77 billion. The Minister for Finance, Brian Lenihan announced yesterday in the Dáil that the Irish State would receive a discount of an average [...]

Céad milliún fáilte

The tourist board cliché of “Céad míle fáilte”, from those ads with fiddles and pints and oysters, literally means “a hundred thousand welcomes”. Perhaps we need to update this to better represent the “current economic climate”. A recent letter to one of the national newspapers suggested that in all this talk of bank recapitalisation, loans [...]