The Irish government has received a stark warning from the Central Bank of Ireland to refrain from giving out a budgetary stimulus ahead of the general election, as reported by Eoin Burke-Kennedy. Burke-Kennedy further explains that the Central Bank’s direct warning is aimed at preventing governmental decisions that may lead to the economy overheating due to operating near its fullest potential.
There is an impending threat of strikes by Aer Lingus’s pilots as they pursue greater than 20% pay rises from the airline, which could disrupt activities before the end of June. This was brought to light by Barry O’Halloran after a strong vote in favour of industrial action. O’Halloran then elaborates on the claims made by both sides of the pay disagreement that has been ongoing for several months, with industrial action being opposed by only six out of 668 Aer Lingus pilots.
In Laura Slattery’s weekly media review, she praises Paschal Sheehy’s amusing comment ‘I have scored, Eileen’ as being beneficial to RTÉ News. Dominic Coyle, in a personal finance segment, provides insight in response to a reader who is pondering over the value of retrofitting their home during retirement.
A section on personal finances features Wendy Stunt, chief marketing officer of Future Horizons, who recalls saving for her 2007 wedding. “The year prior was spent saving diligently to ensure all our loved ones could be present,” she discloses to Tony Clayton-Lea.
Vodafone Ireland is expected to fully shut down its 3G mobile network before the upcoming spring, following its recent shut-offs in Limerick and Cork cities, according to details provided by Ian Curran.
Cantillon discusses new research that suggests the European summer of sport – featuring Euro 2024 held in Germany and the Paris Olympics – will give pubs, hotels and the travel sector a hefty boost due to a surge in consumer spending.
Cantillon also delves into recent real estate data from China, which reveals an ongoing property market crash there, despite the government’s substantial efforts to bolster the market and mitigate its effects on the broader economy.