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Monday 25 September 2023 Dublin: 14°C

# Recession

All time
Varadkar admits property tax has contributed to Ireland's return to recession
Leo Varadkar was responding to economic growth figures released yesterday.
Many emigrants fled Ireland because they were the victims of sexual abuse
Physical and sexual abuse and parents with alcohol or drug problems were listed as some of the main reasons why people left Ireland in the past.
Column: People don’t trust Europe – but that can be changed
The EU can restore trust by pursuing evidence-based policies that will put people first – namely by setting targets for the real economy, humanitarian aid, and social justice, writes Tom McDonnell.
France enters recession in first quarter
French economic growth has been sluggish lately as a result of record unemployment and falling household demand – the key driver of the economy.
Young people 'bear burden of financial crisis'
A new ESRI publication says that young households were more likely to become unemployed and many purchased a home prior to the crash.
Pharmacists finding it difficult to keep their 'heads above water'
Falling sales, rising costs and threats to cut pharmacy incomes are contributing to the gloomy business outlooks.
Consumers 'weathering the storm' as experts predict recession is bottoming out
However a report shows 60 per cent of adults still believe their income will be lower this time next year.
Column: We need to produce a generation of independent thinkers – history is the key
TV shows like ‘The Tudors’ and ‘Rome’ show that history is more popular than ever – yet, under proposed changes to the Junior Certificate, history could become an optional subject or short course. It makes no sense, writes teacher Christian O’Connor.
After two months, Italy's finally getting a new government
The Chamber of Deputies has passed a motion of confidence in the broad coalition led by new premier Enrico Letta.
Column: Young Irish people are losing their voice and facing forced emigration
The surge of precarious and part-time employment, unpaid internships and false starts expose Ireland’s bad attitude to young peoples’ future. , writes
It's taken two months, but Italy has (finally) unveiled its new government
These things take time.
It is spreading across Ireland - but what exactly is suspended coffee?
Suspended coffee is the slightly clunky name for a cheap good deed which has been spreading across Ireland. Here’s what it’s all about.
Column: Is the Labour Party doomed or have they been here before?
The Irish electorate is both a strange beast and an angry and vengeful one at the moment, writes Gary Murphy, who says while the people might be punishing Labour, it will not herald a new political force.
One in five company directors is a woman (and she's most likely to be called Mary)
Figures show that number of female directors has increased by 14 per cent since the start of the recession – but over half of all Irish PLCs have no women sitting on their boards.
Two years on: 'We promised recovery. We are delivering'
Enda Kenny and Eamon Gilmore gave a press conference today to mark the coalition’s second anniversary in office.
Eurozone sinks further into recession in last quarter of 2012
Figures from Eurostat confirm initial estimates in February that the eurozone economy shrank by 0.6 per cent in Q4 of 2012 with the EU shrinking by 0.5 per cent.
More than 5,800 homes lost gas or electricity connection because of non-payment
The figures were compiled by the Commission for Energy Regulation for the period from July to September 2012.
$85 billion in budget cuts come into force in US
Meetings between President Obama and top congressional leaders broke down yesterday as they failed to reach a deal on how to reduce the deficit.
Midlands show largest percentage drop in employment ratio since 2006
Nationally, there has been a 64 per cent decline in the ratio of employed to unemployed people with less than 5 people working for every person out of work.
30 protesters occupy PWC over ‘unfair’ austerity taxes
The activists then made their way to the IBEC conference to continue their protest.
Barcelona accused of spying on Gerard Pique and Shakira
The rumours were leaked by disgruntled ex-employees of the Metodo 3 detective agency.
Czech's historic breweries trying to get back on tap
The country drinks the most beer in the world per head of population but its indigenous brewing industry is having to innovate.
Rating agency downgrades Britain’s credit rating for first time in 35 years
Moody’s have downgraded the UK from AAA to AA1.
Final day of campaigning in Italy as uncertainty rules over election
Italy goes to the polls on Sunday and Monday but it’s still not clear who is most likely to emerge victorious.
Cyprus holds presidential election following heated campaign
The campaign was focused on rescuing the recession-hit EU member state from bankruptcy.
Barnardos: CSO survey shows 'ravaging' effects of recession on families
Meanwhile, the Minister for Social Protection, Joan Burton said the survey shows that “the impact of the crisis has not worsened income inequality”.
Examiner appointed to B&Q Ireland
The company said they have been impacted by the recession and in particular by the decline in consumer spending in the housing sector.
Organisation in Dublin launches campaign to reduce street begging
The Dublin City Business Improvement District is encouraging people to place donations in new ‘giving boxes’ instead of directly to people begging.
Less than 10% of retail employers will increase pay in 2013
The survey also found that more than 17 per cent will reduce allowances such as bonuses and overtime rates in 2013.
Iceland did not need to repay Dutch and UK savers, says court
A European court ruled today that Iceland was entitled to refuse to pay immediate deposit guarantees to savers when a major bank collapsed.
Rising food poverty hinders students' ability to learn
The IPPN said primary school students are faced with new forms of disadvantages including losing their homes, cyber-bullying and early sexualisaton.
Careers clinic: What are you actually doing to get a job?
Jobs may be scarce on the ground – but they still exist. Here’s how to do everything you possibly can to find the job you want.
Irish senior executives optimistic about career prospects
High number are open to moving to new jobs, despite the recession.
Column: ‘Island? Which island?’ – life as an Irish person in Japan
James Joyce? U2? Guinness? No – Halloween is the only thing that earns Ireland any kudos, writes Hannah Quinn.
Read in full: The leaked European Commission document into Ireland's economy
The full draft document reveals the Irish government’s fears about a mass boycott of water charges, criticism over the costs of legal services in Ireland, and Troika suggestions to cut public sector pay.
Irish banks are still very fragile - and the Troika is concerned
The Troika also warned that Irish banks still aren’t lending enough to small businesses either.
Annual savings up 10 per cent on last year
Research from EBS shows that people aged 16-24 are now more confident about their economic well being than this time last year.