Aidan Regan: A tale of one city and a two-tier economy operating beneath it
If you exclude Luxembourg, Dublin is ranked as the most expensive city in the EU to live in but scores poorly for quality of life, especially if you are in the bottom 70 per cent of earners, rent and have children
There is no official or internationally-agreed concept on how to measure the cost of living. This means that there is no official cost of living index in the European Union.
Measuring Ireland’s cost of living is really difficult because it has to account for variance in the two biggest costs facing households – childcare and housing. This differs hugely depending on your age and where you live. But, most importantly, it varies massively depending on...
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Dan O’Brien: Cautious optimism in economic forecast as euro-wide rebound gives cause for hope
The Irish economy continues to expand – and while the Omicron effect is not yet known and the OECD notes that the rebound conceals permanent ‘structural changes’, overall the forecast is good
Mortgage approvals fell in number and value during October
New figures show a slowdown in approvals in Ireland following the ‘upheaval’ of Covid-19 in 2020
Dan O’Brien: As inflation rises across Europe, Germany and the ECB are watching Italy with interest
Christine Lagarde, president of the European Central Bank, says its official position is that recent price increases are transitory. But if inflation does take off, the ECB will be in a nightmare scenario
Raising interest rates is not the way to curb inflation, says Central Bank
Governor Gabriel Makhlouf is worried about rising prices but says correction should be left to markets