Some of the excessive lending that went on in the “boom” might not have happened if there had been a central register of all loans and loan applications. There was no obligation to register credit applications or agreements and there was no central comprehensive statutory register. The IMF were very keen to see a credit […]
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Central Bank
Price Rounding to go Nationwide
After a trial in Wexford in 2013 – the government has now announced that ” price rounding” will be rolled out across Ireland to help reduce the amount of 1c and 2c coins. Update : The start date of Price Rounding Confirmed Price rounding will mean that all bills (cash payment only) will be rounded […]
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Removal of 1c and 2c Coins to be Trialled in Wexford
Getting Rid of 1 cent and 2 cent Coins In Ireland the one and two cent coins are not actively used by consumers and are expensive to produce . In other EU countries including the Netherlands and Finland, low denomination coins have effectively been removed from circulation through the use of the rounding rule. With […]
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Some Irish Workers Overpaid and Underworked ?
According to two reports this week – it looks like some workers in Ireland could be underworked and overpaid. The Central Bank of Ireland said in it’s recent quarterly bulletin that pay remains high in both the public and private sectors in Ireland and needs to fall further. The bank warned that the economy had […]
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