It’s payback time for Irish workers now the country has emerged from its bailout.
Irish consumer confidence rose to its highest level in five months in February as households adjusted to budget cuts and fears of job losses began to ease.
It’s just after lunchtime on a drizzly day in the Amsterdam suburb of Bos en Lommer and the line of people waiting to fill their bags with free rice, juice, potatoes and bread is lengthening.
Tara O’Neill stands empty-handed and defiant outside a Marks & Spencer store on Dublin’s busiest shopping street. She won’t be tempted to buy anything.
Mark Carney’s plan to guide investors on the future cost of borrowing risks being drowned out by Britain’s strengthening economic recovery.
The agency set up to purge Ireland’s banks of risky commercial real-estate loans said it will recover all the taxpayer money that was invested in a Dublin office tower being sold to Google Inc.
Irish consumer confidence rose in March to its highest level in seven months as the country’s new government enjoyed a “honeymoon” after taking power.
In a village in Cork in southern Ireland, about 50 farmers and business people meet on Sundays after mass to protest against taxpayer bailouts of bankers.
Irish consumer confidence stayed close to its lowest level in 17 months this month as the country was forced to seek financial aid and the nation braced itself for higher taxes and spending cuts.
"I do not see any formal agreement between the unions and government exchanging wage moderation for tax cuts, but there's likely to be an implicit, silent consensus that that's the case."
- Austin Hughes on May 07, 2014