Aug13Wed

Ireland: “Fastest-Growing” Economy in Europe

Ireland is likely the fastest-growing economy in Europe, according to new economic forecasts published today by Davy Research.

In its newest set of forecast for the economy, Davy said it predicts growth of 3.5 per cent in 2014, 3 per cent in 2015 and about 2.8 per cent in 2016.

Growth was “artificially depressed” last year by poor export performance among multinationals, but a clear recovery should become more apparent during the rest of 2014, the Davy report said.

To read more, please click HERE.

Jul31Thu

Ireland set for “best tourism season since downturn”

Depositphotos_7503662_mTrips to Ireland by overseas visitors are up 10.3% for the first half of 2014, according to CSO figures.

The figures show a steady gain compared to the same period in 2013, with over 3,469,100 overseas visitors recorded by the Central Statistics Office between January and June (inclusive).

The latest figures on Overseas Travel show:

– Visits from Mainland Europe grew by 6pc, to over 1,218,100 visits

– North America registered an increase of 10.6pc (over 574,500 visits)

– Visits from Great Britain were up by 13.6pc (1,473,200 visits)

– Visits from the rest of the world were up 13.6pc over 203,300 visits

Growth from Britain will be seen as particularly good news. The UK is Ireland’s single most important inbound tourism market, and figures had fallen off drastically in recent years.

To read more, please click HERE.

Jul30Wed

Ireland targets 7,000 new multinational jobs per year

While pinpointing potentially 40,000 foreign direct investment (FDI) jobs between now and 2020, the Irish Government has stated the 12.5pc corporation tax rate will remain a central part of its investment strategy.

Publishing Ireland’s FDI policy this morning, the Minister for Jobs, Enterprise and Innovation Richard Bruton said the next phase of FDI will hinge upon talent, technology, new sectors and great places to live.

To read more, please click HERE.

Jul30Wed

O’Malley step closer to becoming US Ambassador to Ireland

The nominee to be the next US Ambassador to Ireland has been unanimously approved by the US Senate Foreign Relations Committee.

Irish-American lawyer Kevin O’Malley’s name now goes forward to the floor of the Senate for further consideration and a vote.

To read more, please click HERE.

Jul28Mon

Irishman building links between Ireland, Florida and Pennsylvania

pQNLbqLFollowing the huge success of the Notre Dame versus Navy college football game, this August Penn State and University of Central Florida travel to Croke Park Dublin for their season opener. Alongside this sporting occasion Irishman Donal Walsh with the help of Peter Ryan, Deputy Consul for the Irish Goverment in New York have created a business conference to build on the links between Ireland, Pensylvania and Florida. These college games have huge significance in the US and provide a huge opportunity to deepen business and cultural links between Ireland and the US.

To read more, please click HERE.