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Irish unemployment steady at 9.5pc at end-August DUBLIN: Ireland's unemployment rate was stable at 9.5 percent at the end of August, data from the central statistics office showed on Tuesday. Employment has grown strongly in Ireland since the jobless rate hit a high of 15.1 percent in early 2012 and revised data last week showed the rate fell to 9.5 percent in June after provisional figures suggested it had stalled at a higher level. Copyright Reuters, 2015 ...

Russian finance ministry supports limiting budget plan to one year MOSCOW: Russia's Finance Ministry supports a proposal to limit budgetary planning to one year, as opposed to the present three-year planning, Finance Minister Anton Siluanov said on Tuesday. "In order to minimise the likelihood of mistakes in preparing the budget, we are proposing to take a pause for a more detailed evaluation of the developing situation," he said, citing volatile conditions on global commodity and financial markets. "We also support an initiative to retreat from ...
Portugal July unemployment falls to 12.1pc LISBON: Portugal's unemployment rate fell to 12.1 percent in July from 12.3 percent in June, data from the National Statistics Institute (INE) showed on Monday. The unemployment level in June was revised lower from 12.4 percent. In July 2014 unemployment stood at 14.1 percent. According to the monthly unemployment data introduced by INE last year, the youth unemployment rate of those aged 15 to 24 fell to 31.0 percent from 31.6 percent. The total number ...
Britain announces investment in Scottish naval base LONDON: Scotland's Faslane naval base is to receive £500 million ($770 million, 688 million euros) in investment over 10 years, the British government announced on Sunday.The site of Britain's Trident submarine nuclear deterrent, Faslane is to receive investment in ship lifts, sea walls, jetties and other projects from 2017, with jobs at the base increasing to 8,200 by 2022 from 6,700, according to a statement."Today's announcement of more than £500 million demonstrates the UK government's ...
Berlin, Paris, London seek urgent EU meeting on migrant crisis BERLIN: Germany, France and Britain made a joint call Sunday for an urgent meeting of EU interior and justice ministers to find concrete measures to cope with an escalating migration crisis."The ministers have asked the Luxembourg presidency to organise a special meeting of justice and interior ministers within the next two weeks, so as to find concrete steps" on the crisis, said interior ministers from the three countries in a joint statement.Copyright AFP (Agence France-Presse), ...
Two police, one youth killed in Portugal shooting LISBON: Three people, including two police officers, were killed in a shootout in Portugal on Saturday following a row in a town near Lisbon, police said.Another person was seriously injured when a man opened fire in Quinta do Conde, around 30 kilometres south of the capital, following what television reports called a row between neighbours.A plainclothes policeman, who lived in the neighbourhood, was gunned down after rushing to the spot to investigate after hearing shots.Another ...
Hollande, Merkel, Putin call for fresh summit on Ukraine PARIS: The leaders of France, Germany and Russia discussed the Ukraine crisis over the phone on Saturday and agreed to hold a new summit in the coming weeks, said the French presidency.Francois Hollande, Angela Merkel and Vladimir Putin once again reaffirmed their support for the "Minsk II" peace measures agreed in February. "They strongly supported the call for a complete ceasefire from September 1 at the time of schools reopening," said the Elysee palace in ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln