Skip to main content


Apr, 2011

Europe’s inflation problem is set to cause distress in Ireland and other debt-laden nations. The European Central Bank (ECB) is expected to raise its rate – which is the base rate for banks who lend money to consumers – from a record low of 1%. After keeping the rate steady for two years, the ECB may announce a quarter-point rise in the rate to 1.25% on Thursday to control inflation in the larger Eurozone area now running at 2.6% due to runaway commodity prices.

Popular Articles

Response to Dept of Finance consultation paper on Contractors

The Departments of Finance and Social Protection issued a Consultation paper …

€90 Million Microfinance Scheme Open For Business

Have you been refused credit by the banks for loans of up to €250,000? The Mi…

AIB’s Big Drive for Small Business… Giving Credit or Paying LipService

AIB has launched a programme of supports aimed at helping startup businesses …