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Ireland

Capital: Dublin , GDP growth (annual %) 2016: 5.2%

Ireland Q1 GDP Contracts 2.6%

Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday.

Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
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Ireland Q1 GDP Contracts 2.6%

Ireland's economy contracted for the initial time in four quarters in the initial three months of the year and the pace of decline was worse than economists had predicted, while the increase figure for the previous quarter was revised up sharply, preliminary data from the Central Statistics Office showed Friday.

Gross domestic product fell a seasonally 2.6 % sequentially in the initial quarter, reversing a 5.8 % rise in the fourth quarter of 2016, which was revised up from a 2.5 % increase reported before.
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Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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Key Facts: Official name: Ireland (Irish: Éire)
Population: 4.5 million (UN, 2011)
Area: 70,182 sq km (27,097 sq miles)
Major languages: English, Irish
Major religion: Christianity
Life expectancy: 78 years (men), 83 years (women) (UN)
Monetary unit: 1 euro = 100 cents
Main exports: Machinery and equipment, chemicals, foodstuffs
GNI per capita: US $38,580 (World Bank, 2011)
Internet domain: .ie
International dialling code: +353

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Country profile

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The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Brexit negotiations should treat energy as ‘special case’
2017/05/14
There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.

The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.

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Irish banks bounce back
2015/08/27
The half-year results for 2015 confirm the recovery of Ireland's lenders.

The completed 18 months have marked a turnaround for the crisis-stricken Irish lenders, as Allied Irish Banks (AIB), Bank of Ireland and Ulster Bank posted profits for the initial time since 2008.

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Outlook for 2014-18
2013/11/02
The country (Ireland) is situated in Western Europe and is occupying 5/6 of the island of Ireland in the North Atlantic Ocean and in west of Great Britain. Ireland has borders with United Kingdom for 360km.
The land in Ireland is mostly level to rolling interior plain surrounded by rugged hills and low mountains; sea cliffs on west coast. Irish land covers an area of 70280km².
The climate is a temperate maritime and modified by North Atlantic Current with mild winters, cool summers, consistently humid; overcast about half the time. Irishman(men), Irishwoman(women), Irish (collective plural) speak English (official) is the language generally used, Irish (official) (Gaelic or Gaeilge) spoken mainly in areas located along the western seaboard.

OVERVIEW

The Economist Intelligence Unit expects the Fine Gael-Labour Party coalition to serve its full term to early 2016. However, austerity and economic restructuring have eroded its popular support, which will exacerbate differences within the coalition.

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