EU Roaming Charges and Irish Mobile Providers The European Commission promised in 2016 that “15th June 2017 will be the end of roaming charges in the EU”. But is that really the case ? Using an Irish network’s mobile phone outside Ireland (roaming) has always resulted in some extra charges for calls, texts and especially […]
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Eurozone
UK Leaving the EU – Possible effects on Ireland
Voters in the UK have decided that they want to leave the EU. This seems to have come as a bit of a surprise to almost everyone. How could this affect Ireland Financially ? As part of Budget 2017 – the government published their Summer Economic Statement just before the UK vote on the EU […]
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ECB Cuts Interest Rate to Zero
At todays monthly meeting of the ECB it was announced that the headline interest rate will be cut to zero from the current low rate of 0.05%. The last cut in the ECB rate was in Sept 2014 when it fell from 0.15% to 0.05%. This cut initially caused a decline in the value of […]
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EU Commission Comments on Budget 2016
A report this month from the EU Commission made several negative comments about some of the changes, or lack of changes in Budget 2016. a) The report commented that reductions in USC were aimed primarily at increasing the incentive to work , but it would have been also a good idea to target increasing labour […]
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EBC and Quantitative Easing
Today the ECB interest rate was kept at 0.05% – but the European Central Bank also unveiled the details of its quantitative easing programme, which it is hoped will lift the euro zone economy out of stagnation. The €1 trillion scheme, was first announced in January and will begin on March 9th. The scheme will […]
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