DUBLIN, March 10 (Reuters) – Annual Irish inflation hit a fresh 21-year high in February, rising to 5.6% from 5% in January when rapid growth in consumer prices had eased briefly for the first time in six months, data showed on Thursday.
Energy prices drove the year-on-year increase with diesel and petrol both up by over 30% and electricity and gas rising by 22% and 28% respectively. Food prices rose by 3% year-on-year while overall prices were 0.9% higher month-on-month.
Dublin has committed over 800 million euros to ease pressure on households and businesses caused by the rise in inflation, including a cut on Wednesday to excise duty on petrol and diesel in response to the impact of the Ukraine conflict.
Political instability is expected to intensify in Romania and Slovenia, with both countries facing potential government crises in the coming weeks.
In Romania, the Social Democrats ar...
The European Court of Justice has ruled that rejected asylum seekers in the Netherlands must be released from detention after a maximum of 18 months, clarifying that this period covers t...
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Government Moves to End Extra Hotel Floors via MTA Clampdown: The Malta Tourism Authority will play a key role in stopping hotel height concessions currently permitted un...
Morning Briefing
PM vows stable energy supply as inflation gap with euro area widens
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The European Parliament is moving closer to finalising its position on the EU’s next long-term budget, setting the stage for a key institutional milestone in shaping the 2028–2034 Multia...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
The war in Iran and the effective closure of the Strait of Hormuz - through which around 20% of the world's oil and natural gas flows - hasseen rising fuel costs across the globe. The In...
Oil prices jumped more than 5% on Monday, on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship, while traffic throu...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
Malta Public Transport announces that it will be operating two additional evening trips between Mġarr and Nadur in Gozo on Saturday 18 April 2026 to facilitate passenger travel following...
In line with its mission to drive a truly digital Malta, GO plc is making giga-speed internet the entry point for all business customers, with six months completely free for new Business...
Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the space of 12 hours, according to shipping data.
The oil prod...
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing 16 people, including a 12-year-old child, and wounding scores, i...
Russia's defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia.
The ministry said ...
