Daft Property - Irish Property News

Growing dole queues expose fragility of Irish economy... Unemployment figures show Ireland cannot afford to lose a single multinational – but this is not stopping France and Germany trying to force it to raise corporation tax: Sometimes you have to wonder if the rest of Europe understands the fragility of Ireland's economy. Do the Germans and French not understand that there is a prospect of zero growth in the economy in the next three years and that forcing multinationals out of the country could finish Ireland off altogether? Their constant attacks on Ireland's low corporation tax rate have even got on the nerves of Ryanair's Michael O'Leary, who has warned that any increase will jeopardise the country's ability to pay off its debts. Figures out on Tuesday showed a surprise rise in unemployment. Yet Ireland swiftly came under attack again for its low corporation tax of 12.5%, as if this was any part of a fix for the challenging times ahead. German fina...