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recession

Economy

Prediction 1,000 Irish companies could go under in 2023 if global recession hits

A new study from PwC says business failures could cost the economy billions
  • Paul O'Donoghue
  • January 9, 2023
Economics

Cost of living to keep rising in 2023 as Irish economy attempts to head off recession, ESRI says

New report says Ireland should avoid recession but that growth in the economy will be ‘significantly reduced’
  • Donal MacNamee
  • December 15, 2022
Banking

Manufacturing will see ‘modest growth’ in 2023

Conor Magee, head of manufacturing at Bank of Ireland, predicts ‘flat to moderate growth, and maybe some contraction’ due to the EU experiencing ‘the R word’ (recession)
  • Ellie Donnelly
  • November 26, 2022
Economy

Over 2,000 businesses have shut so far this year

A significant number of indicators show that Ireland could soon face a recession
  • Michael Brennan
  • November 15, 2022
Economy

The risk of recession: is Ireland headed for a new downturn?

All barometers point to a coming recession in Europe, with a number of key indicators ‘flashing red’. Ireland, however, is heading into this period of uncertainty on a stronger economic footing than it was in 2008
  • Lorcan Allen
  • November 12, 2022
Economy

EU commissioner Mairead McGuinness warns of ‘anxiety’ over European recession

Russia’s invasion of Ukraine has had a major negative impact on the continent’s economy
  • Peter O'Dwyer
  • November 3, 2022
Global Economy

International Monetary Fund warns ‘worst is yet to come’ as efforts to slow inflation raise risks

One third of global economy may tip into contraction next year, IMF warns
  • Bloomberg
  • October 11, 2022
Economy

Think-tank warns possible ‘full blown financial crisis’ in the UK could hit Ireland

The ESRI also said inflation will remain high during the winter
  • Paul O'Donoghue
  • October 6, 2022

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