Search Results for 'European Central Bank'

Local election candidate Sean O’ hArgain is an ambitious man. Already he is a sitting local Labour Party councillor on Kilkenny Borough Council, the principal of the city’s Gaelscoil, a father and husband.

The small dip in the level of inflation during July is welcome but it is likely to be only a temporary respite.

The global markets are under fierce pressure to compete at the moment and experts would suggest that it all started in the USA with lending institutions getting involved in the sub-prime markets. This in turn has affected all markets world-wide, with Ireland no exception.

Business lobby groups have welcomed the .5 per cent reduction in interest rates announced on Wednesday by the European Central Bank (ECB) and have demanded that the full benefit be passed on immediately by the banks.

The recent announcement of a 75 basis point cut in the main refinancing bid rate by the European Central Bank is warmly welcomed by Colm Farrell, director of Sherry FitzGerald Farrell property advisors in Gort.

Kilkenny City Labour Party candidate, Sean Butler, called upon the Government to link the need for banks to show flexibility on fixed rate mortgages to further bailout funding for the banking sector.

Athlone’s Sherry FitzGerald O'Meara has recently carried out a survey weighing up the options between buying and renting a home and is encouraging the public to buy now.

The most recent announcement by the ECB, slashing their interest rates by 75 basis points has been warmly welcomed by Healy Hynes of Hynes Real Estate Alliance. The ECB move now makes their benchmark rate almost half of what is was in October when it stood at 4.25 per cent.

The residential lettings market in Galway city has enjoyed a period of particularly strong growth in the year to date. As a result of the downturn in house sales many potential buyers have been biding their time and renting.

RE/MAX Premier Properties has reported an exceptional level of interest in the first time buyer’s seminar which will be held in the Radisson Hotel on Monday January 26.