IrelandEconomy

Irish Economy Faces Uncertainty as Central Bank Lowers Growth Forecast Amid Trump Trade War Threats

16 days ago

The Irish economy is bracing for potential turmoil after the Central Bank of Ireland announced a downward revision in its economic growth forecast. The adjustment comes in light of rising tensions stemming from trade concerns related to the policies initiated by the Trump administration in the United States. This development has raised alarms about the impact of international trade disputes on Ireland's robust economic performance.

AIB Predicts Dramatic Dip in Irish State Stake by May 2025

1 month ago

According to recent statements from Allied Irish Banks (AIB), the financial institution anticipates a significant reduction in the Irish government's share ownership in the bank, potentially dropping to single digits by May 2025. This shift is attributed to the ongoing sale of the state's stake, which has been a topic of discussion since the financial troubles faced by AIB in the past decade.

Geopolitical Risks Threaten Ireland's Economic Stability, Warns Central Bank Governor Makhlouf

1 month ago

In a recent statement, Gabriel Makhlouf, the Governor of the Central Bank of Ireland, has expressed growing concerns regarding the potential impact of geopolitical tensions on the Irish economy. His remarks come amid a complex global landscape where various conflicts and political uncertainties could significantly disrupt economic growth.

Concerning Signs as Ireland's Economy Contracts: A Red Flag for the Eurozone

2 months ago

In an alarming turn of events, recent economic data reveals that Ireland's economy has officially shrunk, raising serious concerns for the broader Eurozone. This contraction, reported by the Central Statistics Office, marks the first decline in Ireland's GDP since the pandemic's upheaval two years ago, signaling potential vulnerabilities within the region's overall economic health.

Ireland's Economic Outlook: Growth Amidst External Risks

4 months ago

The Central Bank of Ireland has issued a detailed report forecasting robust growth for the nation's economy in the coming years, even as global economic uncertainties loom—particularly due to potential policy changes in the United States. In its latest findings, the Central Bank has projected that the Irish economy will expand significantly, driven by strong domestic demand and a strong labor market.