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Ireland

Central Bank of Ireland, Quarterly Bulletin 4/2005

The Central Bank and Financial Services Authority of Ireland has published its Fourth Quarterly Bulletin for 2005. In its latest Bulletin the central bank said that the broad picture for the Irish economy is generally good, despite a high degree of…

Ireland's Hurley ranked tops for pay

Central Bank of Ireland governor John Hurley was listed as the third-highest paid governor in the twelve-nation eurozone this week, even though he leads the smallest central bank.

McCreevy on financial regulation and integration

In the speech 'Financial regulation, integration and competitiveness' given on 17 October Charlie McCreevy of the Central Bank of Ireland said that the supervisory approval process for financial sector acquisitions in many member states is often long,…

Ireland's Hurley warns on productivity decline

John Hurley, governor, Central Bank and Financial Services Authority of Ireland, said in a speech on Thursday 13 October that European governments must hasten reforms in order to reverse a fall in productivity growth.

Central Bank of Ireland, Quarterly Bulletin 2/2005

Ireland's central bank published its second Quarterly Bulletin for 2005 on Wednesday 4 May. The Bulletin reports that Ireland should enjoy continued strong economic growth in 2005 and 2006 but faces potential problems from the high price of oil and the…

Central Bank of Ireland, Quarterly Bulletin 1/2005

The Irish central bank published its first Quarterly Bulletin of 2005 on Tuesday 1 February. The Bulletin reports that the outlook for the Irish economy in 2005 remains positive; the Bank is forecasting GNP growth for 2005 of about 4.75 per cent (GDP 5…

Euro and oil pose risk to outlook says Hurley

"The balance of risks to growth are now clearly to the downside," said Hurley, 59, in an interview in Dublin. "We're disappointed that growth, particularly in the euro area, is not as strong as we would have wished. "Sudden movements" in exchange rates …

Ireland's statistics department finally leaves cb

Staff of Ireland's department of Central Statistics office located on the top floor of the Central Bank building started vacating the building this week. The move came as a result of a three-month notice which the central bank sent to the Statistics…

Ireland's cb admit sflaw in housing model

The Central Bank of Ireland has admitted that the housing model used to produce its first financial stability report last week is flawed. Reports said the current model does not take adequate account of the effect on lenders of a shock to the Irish…

Irish banking system sound, says cb's Hurley

Speaking at the publication of the central bank of Ireland's Financial Stability Report on Tuesday 21 September, the governor, John Hurley, said: "The central aim of this report is to analyse and assess the overall health of the financial system and to…

Hurley on economic developments in Ireland

In a speech on 'Economic developments in Ireland and other issues' at the presentation of the Annual Report given on 12 July, John Hurley of the Central Bank and Financial Services Authority of Ireland said 2003 was a very significant year. We have been…

Ireland's Hurley on the role of the central bank

In a speech on 'The role of the central bank and the current issues being considered by the Financial Services Regulator' given on 1 June, John Hurley of the Central Bank and Financial Services Authority of Ireland put the role of the Central Bank in…

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