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Irish News (10)

The start of a New Independent Alliance in Dublin

The start of the new Independent Alliance outside the Dail

Today saw the start of a new Political Independent Alliance in Dublin run by Shane Ross TD.  It is a mix of TDs, Senators and County Councillors.  It was launched on the Plinth at Leinster House and through a miscommunication or a lack of understanding, the launch had to reconvene on the road at the gates of Leinster House.

lagarde_kennylagarde_kennyA question that is prominent on the minds of Irish people now is ‘does Ireland need a safety net when we exit the bailout on 15th December’. 

There is a difference of opinion on this question.  David McWilliams says that while Ireland is moving in the right direction and growth of 2 per cent next year will finally contain our escalating debt and it should come down gradually over the following few years. However, if for any reason the growth forecast does not come to pass the national debt could quickly become unsustainable and we will need all the help we can get.

Tuesday, 15 October 2013 21:53

Budget 2014 - The Main Points

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Today, 15th Oct 2013, is Ireland’s seventh austerity Budget.

Michael Noonan, Minister for Finance, and Brendan Howlin, Department of Public Expenditure and Reform, revealed how they plan to take €2.5 billion out of the economy.  You can download the entire budget and speeches at the end of this article, just above my photo "Download attachments".  There are five reports.

Here are the main details of Michael Noonan’s speech:

Wednesday, 09 October 2013 12:29

Budget 2014, Will it fix the Economy?

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What’s the difference between €3.1 billion and €2.5 billion when it comes to hardship on the normal person.  €600 million less than our Minister for Finance, Michael Noonan, has to take out of the economy in the next budget.

Monday, 07 October 2013 19:06

More Versus Less Austerity? The Executive Dilemma

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austerityausterityThe Anti-Austerity Voice is Powerful

You will be familiar with the saying: “Never put off till tomorrow, what you can do today”. Perhaps it needs a tiny re-write to ‘Irishise’ it as follows.  “Never put off until tomorrow, what you can put off until the day after tomorrow”. Let me explain…

EurosEurosThis is a joint statement issued by the Troika on the  Eleventh Review of the mission to Ireland.  Below is the complete statement as it was issued, unedited.  However, I have highlighted certain parts.

Euro NotesEuro NotesSmall businesses are not applying for bank loans and those that are applying are being refused. This is what a survey of nearly 1500 SMEs, released today, commissioned by the Department of Finance and funded by AIB and Bank of Ireland. To be more precise, only 40% of SMEs requested some type of bank loan with a 19% refusal.  You can download the report at the end of this article.

Irish Revenue Commissioners issued the list of tax defaulters for the first quarter of 2013.  This list is not exclusive to business owners, there are non-business people on it too, although most them are businesses.  In this day and age, it is important for all businesses to be aware of the fact that the Revenue are carrying out audits and checking on businesses for non payment of taxes due.  Therefore, for your own sake keep tax compliant or at least communicate with them before they find you.  That way, your name will not appear on the list.  You can download the two lists in both PDF and Excel formats at the end of this article.

Wednesday, 29 May 2013 13:15

Irish Tech Companies Raised €269m in 2012

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Irish funding holds up despite global credit crunch.

Report suggests broadening of Ireland’s indigenous technology base.

189 technology companies raised €269m  from investors in 2012 according to the annual Irish Venture Capital Association VenturePulse survey. The previous year (2011) 159 Irish technology companies raised €274m.

GrantsgrantsWell forgive me for laughing but the news that the Irish government’s latest business loan scheme for SME’s stands at a miserly €2 million per year is insulting. It’s designed to help small business’s bridge the funding gap with the aim of preserving jobs.

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