Irish America

Irish America

Economics

Investing in Ireland: The Pros & Cons of a Single Europe

By James Morrisey

May 1992

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"The United States of America is very much alive to the threat from the European Community" declares Jim Dewhurst in his book Your Business 1992. The EC is the largest trading partner for the U.S., taking around 25 percent of total U.S. exports and providing just under 20 percent of U.S. imports. Politicians in all 12 member states have been busy extolling the merits of … [Read more...] about Investing in Ireland: The Pros & Cons of a Single Europe

The Punt Takes a Pounding…

By Irish America Staff
December / January 2001

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If you're planning a trip to Ireland, now's the time. The Irish pound has hit a 15-year low in its exchange rate with the dollar, falling to as low as 95 cents at the time of going to press. It is expected that the rate will continue to fall due to the Euro's weak performance on foreign currency markets. The Irish pound or punt is now tied to the Euro since eleven European … [Read more...] about The Punt Takes a Pounding…

News from Ireland: Irish Government Curbs Inflation

By Irish America Staff
October / November 2000

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As Irish inflation approaches 5.5 percent, three times the European average, the Irish government has launched a crackdown. Irish prime minister Bertie Ahern has ordered government ministers to inform bodies under their supervision to postpone increases. Banks and building societies have been targeted in the effort to control price increases. Finance Minister Charlie … [Read more...] about News from Ireland: Irish Government Curbs Inflation