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Padraic Halpin

Ireland speeds up cautious reopening of economy

05 Jun 2020

DUBLIN Ireland will accelerate the cautious reopening of its economy, with the fourth and final phase of easing restrictions to start on July 20, three weeks earlier than scheduled, acting Prime Minister Leo Varadkar said on Friday.

Irish pubs say two metre social distancing spells ruin

04 Jun 2020

DUBLIN Ireland's usually tightly-packed pubs say they face ruin unless the government eases one of the strictest lockdowns in Europe, under which they can only reopen in August and must keep drinkers two metres apart - reducing capacity for some from hundreds to dozens.

Ireland's tax take stable despite lockdown, future unclear

03 Jun 2020

DUBLIN Ireland's tax take has been broadly stable so far this year as bumper corporate tax returns and greater than expected resilience in income tax and VAT receipts staved off a forecast collapse because of the coronavirus pandemic.

UPDATE 1-Spending plunges, savings rocket in coronavirus Ireland

29 May 2020

* Savings could be 'very powerful force' - finance Minister (Adds details, deposits data)

Irish health minister says some sectors could reopen ahead of plan

20 May 2020

DUBLIN Some parts of Ireland's economy could restart ahead of schedule if the novel coronavirus remains under control, Ireland's Health Minister told Reuters on Wednesday, expressing cautious optimism of moving into phase two of a reopening plan on June 8.

Irish drone operator bins fast food for medical drops

19 May 2020

Moneygall, IRELAND Ireland's Manna Aero should have been dropping off its first takeaway orders around a Dublin university campus by drone in March but then the coronavirus pandemic shut the country and its pilot programme down. | Video

Ireland to press ahead with partial reopening of economy

15 May 2020

DUBLIN Ireland will begin the partial and gradual reopening of its economy as planned from Monday, Prime Minister Leo Varadkar said on Friday, calling for increased discipline from the public if a further relaxation is to be triggered in three weeks' time.

Ireland's Cairn sees new work practices adding to costs, build times

14 May 2020

DUBLIN Ireland's largest publicly listed housebuilder Cairn Homes will reopen its sites on a staggered basis from Monday under strict health and safety measures that will add to project costs and construction timeframes.

Ireland's AIB sets aside 210 million euros for expected coronavirus losses

12 May 2020

DUBLIN Allied Irish Banks (AIB) set aside 210 million euros ($227 million) in the first quarter to cover expected loan losses, as the number of repayment breaks for coronavirus-hit customers rose to almost 55,000 last week, the lender said on Tuesday.

Bank of Ireland swings to $261 million loss after COVID-19 charge

11 May 2020

DUBLIN Bank of Ireland lost 241 million euros ($261 million) before tax in the first quarter after putting aside 266 million euros, mainly to cover 86,000 loan repayment breaks in Ireland and Britain, the lender said on Monday.

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