In a week when the government announced that it will be able to deliver a €6.7bn budget shortly, it is easier to see the lack of reality about some of the key fiscal and policy decisions that will have to be made in a few years’ time.
Inflation is going to start declining after the summer as a combination of constrained spending, higher interest rates and technical factors rein in price increases, the Central Bank has said.
Irish energy trading group ElectroRoute has been wholly acquired by existing shareholder Mitsubishi in a multi-million-euro deal.