Lending to households continues to fall
Lending to households in Ireland fell again last month by €264 million. New figures from the Central Bank show loans to households continued to decline…
Month: June 2012
Personal Insolvency Bill published
Minister for Justice Alan Shatter today published the long-awaited Personal Insolvency Bill aimed at reforming insolvency laws, some of which have been in place for…
Price reports bring hope but there's still some way to go yet
The property market resembles an inexperienced swimmer in many ways. When you’re not a great swimmer and you dive into a pool the gush of…
Personal insolvency legislation to be published today
The Government is to publish new personal insolvency legislation this morning, which will reduce the bankruptcy term in Ireland from 12 years to three. The…
Mortgage arrears rise at AIB
The level of mortgages in arrears in AIB has risen to 16%, the bank revealed today. At its AGM in Dublin, chairman David Hodgkinson forecast…
Dublin house prices up in Q2, insist Sherry FitzGerald
The latest results from the Sherry FitzGerald property index reveal that Dublin house prices increased, albeit moderately, for the first time since prices began falling…
ECB economist fails to rule out further cut in interest rates
The European Central Bank’s chief economist Peter Praet has refused to rule out the possibility that interest rates will fall below their current historic low…
Installing land drain pipes to control excess water
The primary purpose of installing land drains is to capture or control surface or run off water in an efficient manner and to divert or…
Kilkenny home sells for €2.57m at auction
A Georgian country house on a 140-acre farm three miles from Kilkenny City sold for €700,000 over its guide price last week. The auction…
Low Germany inflation sparks hopes of further cut in ECB rates
New data has shown that inflation in Germany, Europe's top economy, slowed to its lowest level for 18 months in June, sparking speculation that there…