Ireland

Apple reaches back tax agreement with Irish Government

Apple will pay Ireland €13bn in back taxes over the coming months. The agreed payment structure comes almost two years after the European Commission deemed the preferential tax arrangement between the parties to be illegal

Ireland raises €3bn from sale of Allied Irish Bank shares

In a landmark move, Ireland has sold some of its shares in Allied Irish Bank, highlighting the country’s strong post-crisis recovery

What Brexit means for the Scottish and Irish financial sectors

With analysis of the UK’s post-Brexit financial services sector focusing on London, analysts are at risk of ignoring Scotland and Ireland

European Commission’s aggressive tax crackdown spells trouble

In recent years, the EU has accelerated its crackdown on illegal state aid in terms of corporate tax. But, with the latest round of measures, some boundaries are being stretched too far

A European Commission shows that Ireland is set to become the EU's fastest-growing economy. Still, the country remains volatile, with a debt-to-GDP ratio of 115 percent

Ireland becomes EU’s fastest-growing economy

Growth expected to reach 3.5 percent over the next year would make Ireland the EU’s fastest-growing economy

Apple offices in Cork, Ireland. The country's finance minister has recently announced plans to close the 'double Irish' tax loophole, a favourite with multinational corporations including Apple, Google and General Electric

Ireland’s Achilles’ heel is tax loopholes

The Irish government has spoken at length about closing tax loopholes. However, actions speak louder than words, and patience is running out. Ireland must stop marketing itself as a tax haven, or it will alienate its neighbours

Ireland makes first ten-year bond sale since bailout

The National Treasury Management Agency of Ireland has raised €5bn by auctioning benchmark 10-year bonds, proving it is on the road to financial recovery

Ireland’s mackerel dispute

Iceland and Ireland enter bitter row over mackerel fisheries as demand soars from Japan and Russia

Italian pension funds fight their case

As a result of the financial turmoil engulfing the country, Italian pension fund providers are having to hold one emergency meeting after another, as they try to find a resolution to the fact that they are very much exposed to the nation’s sovereign debt

Irish “bad bank” transfers delayed until end March

Ireland will transfer the first loans to the National Asset Management Agency (NAMA) “bad bank” by the end of March, missing its latest deadline of late February, as it waits on European approval to begin the scheme. Finance Minister Brian Lenihan has said work valuing the total loans initially worth 80 billion euros ($109bn) was […]

Open for business

A recent visit to Ireland’s capital city of Dublin convinces me that it is a city open for business

Ireland faces horrendous bill, Spain downgraded

Ireland has disclosed a “horrendous” worst caseprice tag of over €50bn ($68bn) for bailing out its distressed banks and said it would have to make more drastic budget savings. The euro dipped briefly against the dollar as markets contemplated Dublin’s ever growing fiscal hole, but the 16-nation European currency soon recovered and investors reacted calmly […]

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