Eoin Burke-Kennedy

Eoin Burke-Kennedy

Economics Correspondent

Eoin Burke-Kennedy is Economics Correspondent of The Irish Times.

European stocks rally as banking worries fade

With contagion appearing to be contained for now, investor jitters eased

Inflation is falling - but here’s why things may not be getting cheaper

The latest numbers point to a drop in the headline rate but underlying price growth is still stubbornly high

Irish inflation falls in March on back of lower energy prices

Latest EU Harmonised Index of Consumer Prices for State points to an easing of price growth

Ireland has poor financial literacy levels compared to other countries, survey finds

BoI poll shows Irish people have less understanding of how their personal finances work than peers in UK, Australia and Germany

Irish economy set for stronger growth but cost-of-living to remain problem for households

ESRI expects headline inflation to moderate to 4.5% this year but warns underlying price growth may be more difficult to bring down

Ireland’s economic turnaround is real but comes with major concentration risk

ESRI highlights concentration risk at heart of economy here, not just in tax but in employment and trade

European shares rebound as banking jitters ebb on SVB deal

Sense of calm returns to markets following a week of turbulence

Central Bank reduces financed emissions to 2.3m tonnes in 2022

Regulator discloses emissions and climate-related impact of its investment holdings as part of new climate disclosure mechanism in euro area

EV sales now expected to account for 55% of total global vehicle sales by 2030

EY report highlights six priorities to unlock mainstream EV adoption as global sales accelerate

Record surge in contactless transactions as consumers flock back to retail

BPFI figures show record three million contactless payments made per day in final three months of 2022

French energy firm begins operating its first three Irish solar farms

EDF says solar farms in Wexford and Kilkenny will ‘make a positive local contribution’

ECB board member warns of ‘sticky’ inflation

Recent fall in energy prices had been slow to improve medium-term prospects for inflation, says ECB executive board member Isabel Schnabel

State’s woefully under-resourced planning system at heart of housing problem

An Bord Pleanála has just 70 inspectors and 15 board members to regulate the planning system – the Central Bank has 1,100 staff to regulate the financial system

Shadow banking could trigger next financial crisis, ECB warns

Seen and heard: the vulnerabilities of shadow banking, global tax reforms and outgoing tourism chief takes job in Saudi

Mortgage approvals fall sharply as higher borrowing costs curtail buyers

Figures from the Banking & Payments Federation Ireland point to slowdown in approvals across almost all customer segments in volume and value terms