Posts Tagged ‘Economics’

The Punt Takes a Pounding…

If you’re planning a trip to Ireland, now’s the time. The Irish pound has hit a 15-year low in its exchange rate with the dollar, falling to as low as 95 cents at the time of going to press. It is expected that the rate will continue to fall due to the Euro’s weak performanceRead more..

News from Ireland: Irish Government Curbs Inflation

As Irish inflation approaches 5.5 percent, three times the European average, the Irish government has launched a crackdown. Irish prime minister Bertie Ahern has ordered government ministers to inform bodies under their supervision to postpone increases. Banks and building societies have been targeted in the effort to control price increases. Finance Minister Charlie McCreevy hasRead more..