The far-right party Irish Freedom Party has also promoted this misleading clip. In a tweet showing a picture of the two women, the party stated: \"Irish people are being discriminated against in their own country. We are being treated like second-class citizens by this Government.\"<\/p>\n
However, this is not true.\u00a0\u00a0<\/p>\n
The clip was taken from a debate on housing aired on Upfront With Katie Hannon<\/strong><\/a> by the Irish state broadcaster RTE, featuring single women with children who are or have been homeless.\u00a0<\/p>\n One of the two women, Shauna, was awarded co-operative housing which was suitable for her circumstances, while the other, Chloe, was yet to be granted accommodation due to her four-year-old son facing long-term illness, which meant she needed a specific, alternative type of housing.\u00a0<\/p>\n More than 10,000 adults and 4,000 children are living in emergency homeless accommodation, according to the latest figures from Ireland's Department of Housing<\/strong><\/a>.<\/p>\n Irish citizens from the majority of people with access to this type of accommodation, with Dublin being the hardest-hit region.<\/p>\n High rent is one of the issues pushing these people to homelessness. <\/p>\n As the nation struggles to meet its housing needs, co-operative housing can be seen as a way to tackle the lack of social and affordable homes. \u00a0<\/p>\n According to Co-operative Housing Ireland<\/strong><\/a>, the minimum rent can be as low as \u20ac30. \u00a0<\/p>\n \"It has been a year and it has been amazing. We have that security,\" said Shauna after living in this housing for a year. \"This is our home and you're not at the mercy of a landlord that can take back the property.\"<\/p>\n Despite claims of Housing Minister Darragh O\u2019Brien that social housing in the country is at its highest level in half a century, official figures show that in 2023, the government built over 8,000 units of social housing. This number is 990 units short of the government\u2019s housing policy target.\u00a0<\/p>\n In September, the Irish Central Bank<\/strong><\/a> stated that Ireland needs to build around 20,000 extra properties each year if it is to improve the country's national housing crisis.<\/p>\n","hashtag":null,"createdAt":1731509980,"updatedAt":1731683165,"publishedAt":1731682829,"firstPublishedAt":1731672569,"lastPublishedAt":1731682855,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/84\/96\/02\/{{w}}x{{h}}_cmsv2_e88da624-109b-5883-8a59-469cebe60fb5-8849602.jpg","altText":"A man begs for the money in Dublin, Ireland, Thursday, Nov. 4 2010.","caption":"A man begs for the money in Dublin, Ireland, Thursday, Nov. 4 2010.","captionUrl":null,"captionCredit":"Peter Morrison\/AP2010","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":4020,"height":2712},{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/84\/96\/02\/{{w}}x{{h}}_cmsv2_0dce6f71-014f-51bf-8379-d895ac105fe2-8849602.jpg","altText":null,"caption":null,"captionUrl":null,"captionCredit":null,"sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1280,"height":720},{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/84\/96\/02\/{{w}}x{{h}}_cmsv2_b3014429-44e4-581d-872c-561831f1cd45-8849602.jpg","altText":null,"caption":null,"captionUrl":null,"captionCredit":null,"sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1080,"height":1080}],"authors":{"journalists":[{"id":2934,"urlSafeValue":"trindade-p","title":"In\u00eas Trindade Pereira","twitter":"@inestp29"}],"producers":[],"videoEditor":[]},"keywords":[{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":29262,"slug":"housing-crisis","urlSafeValue":"housing-crisis","title":"housing crisis","titleRaw":"housing crisis"},{"id":12337,"slug":"homelessness","urlSafeValue":"homelessness","title":"homelessness","titleRaw":"homelessness"},{"id":24812,"slug":"misinformation","urlSafeValue":"misinformation","title":"misinformation","titleRaw":"misinformation"}],"widgets":[{"slug":"image","count":1},{"slug":"related","count":1}],"related":[{"id":2692340}],"technicalTags":[],"externalPartners":{"youtubeId":"M_ArRHw3DGI","dailymotionId":"x997kd4"},"hasExternalVideo":1,"video":1,"videos":[{"format":"mp4","quality":"md","type":"normal","url":"https:\/\/video.euronews.com\/mp4\/med\/EN\/EY\/SU\/24\/11\/15\/en\/241115_EYSU_57010699_57029222_119720_131348_en.mp4","editor":"","duration":119720,"filesizeBytes":14591827,"expiresAt":0},{"format":"mp4","quality":"hd","type":"normal","url":"https:\/\/video.euronews.com\/mp4\/EN\/EY\/SU\/24\/11\/15\/en\/241115_EYSU_57010699_57029222_119720_131348_en.mp4","editor":"","duration":119720,"filesizeBytes":20853587,"expiresAt":0}],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"euro-verify","urlSafeValue":"euro-verify","title":"EuroVerify","online":1,"url":"https:\/\/www.euronews.com\/my-europe\/my-europe-series\/euro-verify"},"vertical":"my-europe","verticals":[{"id":2,"slug":"my-europe","urlSafeValue":"my-europe","title":"Europe"}],"primaryVertical":{"id":2,"slug":"my-europe","urlSafeValue":"my-europe","title":"Europe"},"themes":[{"id":"my-europe-series","urlSafeValue":"my-europe-series","title":"My Europe Series","url":"\/my-europe\/my-europe-series"}],"primaryTheme":{"id":60,"urlSafeValue":"my-europe-series","title":"Europe Series"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":[],"slugs":[]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/my-europe\/2024\/11\/15\/fact-check-are-claims-of-discrimination-against-irish-citizens-true","lastModified":1731682855},{"id":2679274,"cid":8853864,"versionId":1,"archive":0,"housenumber":"241115_ECSU_57028836","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"BUSINESS Ireland economy likely to lag in 2024 as multinational sector declines","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Ireland\u2019s economy likely to lag in 2024 as multinational sector declines","titleSeo":null,"titleListing1":" Irish economy likely to lag in 2024 as multinational sector declines","titleListing2":"Ireland\u2019s economy likely to lag in 2024 as multinational sector declines","leadin":"The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.","summary":"The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.","keySentence":"","url":"irelands-economy-likely-to-lag-in-2024-as-multinational-sector-declines","canonical":"https:\/\/www.euronews.com\/business\/2024\/11\/15\/irelands-economy-likely-to-lag-in-2024-as-multinational-sector-declines","masterCms":"v2","plainText":"Ireland\u2019s gross domestic product (GDP) is estimated to fall by 0.5% this year, according to the recently released Autumn 2024 Economic Forecast report by the European Commission. This is primarily because of the multinational sector dwindling in the first half of 2024.\u00a0\n\nHowever, economic growth is likely to pick up in 2025, with GDP expected to rise to 4% next year, as well as 3.6% the following year.\u00a0\n\nThe Irish inflation rate is expected to be 1.4% in 2024 and 1.9% in 2025, while dipping back again to 1.8% the following year.\u00a0\n\nThe country\u2019s unemployment rate is estimated to touch 4.4% this year, before plunging to 1.4% in 2025, and decreasing further to 1.3% in 2026.\u00a0\n\nGross public debt, represented as a percentage of GDP, is likely to be 41.6% this year, before falling to 38.3% in 2025. In 2026, this number is expected to be 36.8%.\u00a0\n\nThe rise in economic growth in 2025 is expected to be because of a better external environment, as well as a stronger labour market overall.\u00a0\n\nEU growth expected to pick up pace in 2025\n\nRegarding the EU economy as a whole, the Commission believes that it is now growing modestly again, mainly because of the continuing disinflation process. This is after a significant period of stagnation.\u00a0\n\nThe Autumn Forecast expects EU GDP growth to be 0.9% this year, before increasing to 1.5% next year and further to 1.8% the following year. The EU inflation rate is expected to average about 2.4% in 2024, before declining to 2.1% next year. In 2026, the EU inflation rate is likely to be 1.8%.\u00a0\n\nValdis Dombrovskis, the executive vice-president of the European Commission for An Economy That Works For People, said in the Autumn 2024 Economic Forecast report: \u201cWith the EU economy steadily recovering, growth should pick up more speed next year with rising consumption, thanks to increased purchasing power and still record-low unemployment, and an expected improvement in investment levels.\u00a0\n\n\u201cStill, given today\u2019s high geopolitical uncertainty and many risks, we cannot afford to be complacent. We need to deal with longstanding structural challenges, raise productivity and make sure that the wider EU economy stays globally competitive. It is vital for Member States to carry out all reforms and investments in their Recovery and Resilience Plans and reduce public debt levels in line with the new fiscal rules.\u201d\n\nPaolo Gentiloni, the European commissioner for Economy, also said in the report: \u201cThe European economy is slowly recovering. As inflation continues to ease and private consumption and investment growth pick up, with unemployment at record lows, growth is set to gradually accelerate over the next two years. However, structural challenges and geopolitical uncertainty weigh on our future prospects.\u00a0\n\n\u201cMember States will have to walk a narrow path of bringing down debt levels while supporting growth, aided by the new economic governance framework and the continued implementation of NextGenerationEU. Looking ahead, strengthening our competitiveness through investments and structural reforms is crucial to lift potential growth and navigate rising geopolitical risks.\u201d\u00a0\n\n","htmlText":" Ireland\u2019s gross domestic product (GDP) is estimated to fall by 0.5% this year, according to the recently released Autumn 2024 Economic Forecast report by the European Commission. This is primarily because of the multinational sector dwindling in the first half of 2024.\u00a0<\/p>\n However, economic growth is likely to pick up in 2025, with GDP expected to rise to 4% next year, as well as 3.6% the following year.\u00a0<\/p>\n The Irish inflation rate is expected to be 1.4% in 2024 and 1.9% in 2025, while dipping back again to 1.8% the following year.\u00a0<\/p>\n The country\u2019s unemployment rate is estimated to touch 4.4% this year, before plunging to 1.4% in 2025, and decreasing further to 1.3% in 2026.\u00a0<\/p>\n Gross public debt, represented as a percentage of GDP, is likely to be 41.6% this year, before falling to 38.3% in 2025. In 2026, this number is expected to be 36.8%.\u00a0<\/p>\n The rise in economic growth in 2025 is expected to be because of a better external environment, as well as a stronger labour market overall.\u00a0<\/p>\n Regarding the EU economy as a whole, the Commission believes that it is now growing modestly again, mainly because of the continuing disinflation process. This is after a significant period of stagnation.\u00a0<\/p>\n The Autumn Forecast expects EU GDP growth to be 0.9% this year, before increasing to 1.5% next year and further to 1.8% the following year. The EU inflation rate is expected to average about 2.4% in 2024, before declining to 2.1% next year. In 2026, the EU inflation rate is likely to be 1.8%.\u00a0<\/p>\n Valdis Dombrovskis, the executive vice-president of the European Commission for An Economy That Works For People, said in the Autumn 2024 Economic Forecast report: \u201cWith the EU economy steadily recovering, growth should pick up more speed next year with rising consumption, thanks to increased purchasing power and still record-low unemployment, and an expected improvement in investment levels.\u00a0<\/p>\n \u201cStill, given today\u2019s high geopolitical uncertainty and many risks, we cannot afford to be complacent. We need to deal with longstanding structural challenges, raise productivity and make sure that the wider EU economy stays globally competitive. It is vital for Member States to carry out all reforms and investments in their Recovery and Resilience Plans and reduce public debt levels in line with the new fiscal rules.\u201d<\/p>\n Paolo Gentiloni, the European commissioner for Economy, also said in the report: \u201cThe European economy is slowly recovering. As inflation continues to ease and private consumption and investment growth pick up, with unemployment at record lows, growth is set to gradually accelerate over the next two years. However, structural challenges and geopolitical uncertainty weigh on our future prospects.\u00a0<\/p>\n \u201cMember States will have to walk a narrow path of bringing down debt levels while supporting growth, aided by the new economic governance framework and the continued implementation of NextGenerationEU. Looking ahead, strengthening our competitiveness through investments and structural reforms is crucial to lift potential growth and navigate rising geopolitical risks.\u201d\u00a0<\/p>\n","hashtag":null,"createdAt":1731671208,"updatedAt":1731683339,"publishedAt":1731674779,"firstPublishedAt":1731674779,"lastPublishedAt":1731674779,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/85\/38\/64\/{{w}}x{{h}}_cmsv2_d01b7dfe-6c48-5d62-a33a-532812f4c34f-8853864.jpg","altText":"Aerial view of Dublin, Ireland, at night.","caption":"Aerial view of Dublin, Ireland, at night.","captionUrl":null,"captionCredit":"Canva","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1920,"height":1080}],"authors":{"journalists":[{"id":2872,"urlSafeValue":"lahiri","title":"Indrabati Lahiri","twitter":null}],"producers":[],"videoEditor":[]},"keywords":[{"id":7966,"slug":"economic-growth","urlSafeValue":"economic-growth","title":"Economic 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GENERAL ELECTIONS","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Irish Prime Minister announces general election at the end of November","titleSeo":null,"titleListing1":"Irish Prime Minister announces general election at the end of November","titleListing2":"Irish Prime Minister announces general election at the end of November","leadin":"Taoiseach Simon Harris said \"the time is now right to ask the Irish people to give a new mandate,\" as he confirmed that a general election would be held in Ireland on Friday, 29 November.","summary":"Taoiseach Simon Harris said \"the time is now right to ask the Irish people to give a new mandate,\" as he confirmed that a general election would be held in Ireland on Friday, 29 November.","keySentence":"","url":"irish-prime-minister-announces-general-election-at-the-end-of-november","canonical":"https:\/\/www.euronews.com\/my-europe\/2024\/11\/08\/irish-prime-minister-announces-general-election-at-the-end-of-november","masterCms":"v2","plainText":"Ireland\u2019s Prime Minister, or Taoiseach, Simon Harris triggered the start of the 2024 general election after he confirmed on Friday that he requested a dissolution of the current Irish parliament, or D\u00e1il.\u00a0\n\nIn a short address in Dublin, Harris thanked his colleague in the centre-right Fine Gael party as well as coalition partners Fianna F\u00e1il and the Greens, but acknowledged they \u201cdid not agree on every issue.\u201d \u00a0\n\nWishing all candidates good luck, he called for a safe and respectful campaign and urged all Irish citizens to vote on 29 November.\u00a0\n\n\u201cUse your voice. That\u2019s how this country works, how we listen. It\u2019s how we act on your behalf,\u201d he said.\u00a0\n\nIreland\u2019s president must now approve Harris\u2019 request to dissolve the D\u00e1il, though this is only a formality.\u00a0\n\nThe country had been on election footing for weeks, with local media reporting rumours of a planned general election announcement since October. \u00a0\n\nHarris, 37, took over as head of Ireland\u2019s three-party coalition government in April, a month after his longstanding predecessor Leo Varadkar\u2019s surprise resignation.\u00a0\n\nHe had previously served as higher education minister in Varadkar\u2019s government and was the only candidate to replace him as head of Fine Gael.\u00a0\n\nIreland is in the middle of a housing and cost-of-living crisis \u2013 two topics that are guaranteed to be major concerns for voters as campaigning begins in earnest. \u00a0\n\nAnother key topic expected to come up in the forthcoming weeks will be the impact of Donald Trump\u2019s recent re-election to US presidency and its impact on the Irish economy, a country which is heavily reliant on US tech companies for employment.\u00a0\n\nThe Taoiseach had until the end of the government\u2019s five-year term in March to call an election, but Harris elected to appeal to the Irish public at the end of the month in the face of opposition party Sinn F\u00e9in\u2019s dramatic decline in popularity.\u00a0\n\nAn integral part of Sinn F\u00e9in\u2019s political identity has been the pursuit of a united Ireland. \u00a0\n\nMany speculated that a referendum on a united Ireland was inevitable in the next five years after they became the biggest political party in Northern Ireland and came within touching distance of forming a government south of the border. \u00a0\n\nAs anti-immigrant anger surges in the country, the leftist nationalist party has struggled to claw back voters as they find themselves out of step with a core constituency. \n\n","htmlText":" Ireland\u2019s Prime Minister, or Taoiseach, Simon Harris triggered the start of the 2024 general election after he confirmed on Friday that he requested a dissolution of the current Irish parliament, or D\u00e1il.\u00a0<\/p>\n In a short address in Dublin, Harris thanked his colleague in the centre-right Fine Gael party as well as coalition partners Fianna F\u00e1il and the Greens, but acknowledged they \u201cdid not agree on every issue.\u201d \u00a0<\/p>\n Wishing all candidates good luck, he called for a safe and respectful campaign and urged all Irish citizens to vote on 29 November.\u00a0<\/p>\n \u201cUse your voice. That\u2019s how this country works, how we listen. It\u2019s how we act on your behalf,\u201d he said.\u00a0<\/p>\n Ireland\u2019s president must now approve Harris\u2019 request to dissolve the D\u00e1il, though this is only a formality.\u00a0<\/p>\n The country had been on election footing for weeks, with local media reporting rumours of a planned general election announcement since October. \u00a0<\/p>\n Harris<\/strong><\/a>, 37, took over as head of Ireland\u2019s three-party coalition government in April, a month after his longstanding predecessor Leo Varadkar\u2019s surprise resignation.<\/strong><\/a>\u00a0<\/p>\n He had previously served as higher education minister in Varadkar\u2019s government and was the only candidate to replace him as head of Fine Gael.\u00a0<\/p>\n Ireland is in the middle of a housing and cost-of-living crisis<\/strong><\/a> \u2013 two topics that are guaranteed to be major concerns for voters as campaigning begins in earnest. \u00a0<\/p>\n Another key topic expected to come up in the forthcoming weeks will be the impact of Donald Trump\u2019s recent re-election to US presidency and its impact on the Irish economy, a country which is heavily reliant on US tech companies for employment.\u00a0<\/p>\n The Taoiseach had until the end of the government\u2019s five-year term in March to call an election, but Harris elected to appeal to the Irish public at the end of the month in the face of opposition party Sinn F\u00e9in\u2019s dramatic decline in popularity.<\/strong><\/a>\u00a0<\/p>\n An integral part of Sinn F\u00e9in\u2019s political identity has been the pursuit of a united Ireland. \u00a0<\/p>\n Many speculated that a referendum on a united Ireland was inevitable in the next five years after they became the biggest political party in Northern Ireland and came within touching distance of forming a government south of the border. \u00a0<\/p>\n As anti-immigrant anger surges in the country<\/strong><\/a>, the leftist nationalist party has struggled to claw back voters as they find themselves out of step with a core constituency. <\/p>\n","hashtag":null,"createdAt":1731082309,"updatedAt":1731097450,"publishedAt":1731096343,"firstPublishedAt":1731096343,"lastPublishedAt":1731096343,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/84\/09\/18\/{{w}}x{{h}}_cmsv2_d7d1cec0-8dc8-5d78-9e51-8d6a6286859e-8840918.jpg","altText":"Irish Prime Minister Simon Harris makes a statement outside Government Buildings ahead of the Dail being formally dissolved for the General Election scheduled for next Nov. 29","caption":"Irish Prime Minister Simon Harris makes a statement outside Government Buildings ahead of the Dail being formally dissolved for the General Election scheduled for next Nov. 29","captionUrl":null,"captionCredit":"AP 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News"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":{"id":1813,"urlSafeValue":"dublin","title":"Dublin"},"contextualSignals":{"doubleVerify":{"ids":["80023001","84011001","84012006","84111001","84112005","84211001","84212001"],"slugs":["a_and_e_music","aggregated_all_moderate_content","arts_and_entertainment","law_gov_t_and_politics_legal_politics","law_government_and_politics","society","society_general"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/my-europe\/2024\/11\/08\/irish-prime-minister-announces-general-election-at-the-end-of-november","lastModified":1731096343},{"id":2671768,"cid":8836294,"versionId":2,"archive":0,"housenumber":"241106_ECSU_56949078","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"BUSINESS -Trump\u2019s economic agenda: Why is the Irish economy in danger?","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"How Trump's Presidency poses the 'biggest near-term risk' to the Irish economy ","titleSeo":null,"titleListing1":"Trump's economic agenda: Why is the Irish economy in danger? ","titleListing2":"How Trump's Presidency poses the 'biggest near-term risk' to the Irish economy ","leadin":"US trade tariffs are \"one of the biggest near-term risks to the Irish and European economies\", according to experts.","summary":"US trade tariffs are \"one of the biggest near-term risks to the Irish and European economies\", according to experts.","keySentence":"","url":"how-trumps-presidency-poses-the-biggest-near-term-risk-to-the-irish-economy","canonical":"https:\/\/www.euronews.com\/business\/2024\/11\/06\/how-trumps-presidency-poses-the-biggest-near-term-risk-to-the-irish-economy","masterCms":"v2","plainText":"As soon as Donald Trump was declared the winner of the 2024 US Presidential election, immediate concerns took the place of future speculations about how the President Elect's promises were going to shape the economy in Europe and especially in Ireland.\n\nAmong offering a raft of protectionist economic policies, two of Trump's key promises about the US economy mean particularly stark times for Ireland and the wider EU. One of them is a blanket 10-20% tariff on imports and a lowering of corporation tax (currently 21%). The rate would be 15% for companies that produce domestically in the US.\u00a0\n\nWith around 1,000 US companies contributing to the Irish GDP, there are fears that the more favourable tax conditions and harsh trade tariffs could turn some of the foreign direct investment away and even put jobs on the line.\u00a0\n\nChief economist at the Institute of European Affairs Dan O'Brien went as far as calling recently the potential tariff on all goods shipped to the US the \"biggest near-term risk\" to the Irish (and European) economy, in a LinkedIn post before the elections.\u00a0\n\nA looming trade war comes at a time when the eurozone is already battling sluggish economic growth that could turn into recession, with Germany particularly exposed to being hit hard by tariffs on European cars.\u00a0\n\nWhy the Irish economy is so exposed to the US economic agenda?\u00a0\n\nUS companies are heavily involved in Ireland's economic performance, operating in sectors such as chemicals, IT and financial services.\u00a0\n\nIn 2024, there were 970 US companies in the country, employing about 210,000 people and spending more than \u20ac41bn in the local economy annually, according to the American Chamber of Commerce Ireland.\u00a0\n\nMost of the top 10 US tech companies, including Microsoft, Meta, Amazon, Google (Alphabet) and Apple, are present in Ireland, having swelled the country's digital economy to $50bn (\u20ac46.66bn), accounting for 13% of GDP.\u00a0\n\nAfter Brexit, Dublin stepped up to be the most popular place for US companies to set up EU headquarters, due to its favourable corporation tax environment (the rate is currently 12.5% or 15% for businesses with revenues of more than \u20ac750m), English-speaking workforce and access to a market of 500 million people in the EU.\u00a0\u00a0\n\nThe Information and Communications Technology sector, in particular, generated a tremendous growth of Ireland's economy, new job opportunities, investment and innovation.\n\nNow economists say that Trump's planned trade tariffs and corporation tax cuts could change the tide.\n\nDonald Trump had hinted that he would lower corporation taxes, in some cases to 15%, if he gained office, once the the Trump Tax Cuts and Jobs Act, a result of his previous presidency, expired in 2025.\u00a0\n\nThe President-Elect promises the most favourable corporation tax rates for the companies that keep or relocate their production to the US.\n\nTrump's plans to cut taxes may face some obstacles if Congress is not entirely ruled by the Republicans. Even though those plans to cut taxes are far from being certain, fears are already mounting in Ireland the they could potentially erode the competitive edge of the country's tax system for US companies.\n\nAnother looming threat is if Trump imposes trade tariffs, which can be done by a presidential order.\u00a0\n\nThe President-Elect talked about trade tariffs, up to 20% on goods from other countries and 60% on Chinese ones. (He also mentioned a 200% tax on imported cars that would potentially drag down the already struggling European car industry.)\n\nTrade tariffs on US imports would make those goods more expensive for Americans, necessarily leading to customers favouring local alternatives, therefore foreign products could lose market share. \n\nChief economist O'Brien highlighted that blanket tariffs on imported goods would particularly hit Ireland hard, as he talked about a transatlantic trade shock being \"now likely\", in a social media post on X.\u00a0\n\n\"The promised tariffs will have a trade destruction effect, with a knock-on on impact for jobs and profit tax revenues,\" said O'Brien.\n\nIrish goods exports to the US last year were worth \u20ac54bn, accounting for one-eighth of the EU's total exports to America.\n\nHowever, there is no expected exodus of US companies in Ireland for now, but there is a fear of high uncertainty and a period of turbulence, which could be further complicated by potential retaliatory measures by the European Commission, should Trump carry out his promises of across-the-board tariffs on imported goods.\n\n","htmlText":" As soon as Donald Trump was declared the winner of the 2024 US Presidential election, immediate concerns took the place of future speculations about how the President Elect's promises were going to shape the economy in Europe and especially in Ireland.<\/p>\n Among offering a raft of protectionist economic policies, two of Trump's key promises about the US economy mean particularly stark times for Ireland and the wider EU. One of them is a blanket 10-20% tariff on imports and a lowering of corporation tax (currently 21%). The rate would be 15% for companies that produce domestically in the US.\u00a0<\/p>\n With around 1,000 US companies contributing to the Irish GDP, there are fears that the more favourable tax conditions and harsh trade tariffs could turn some of the foreign direct investment away and even put jobs on the line.\u00a0<\/p>\n Chief economist at the Institute of European Affairs Dan O'Brien went as far as calling recently the potential tariff on all goods shipped to the US the \"biggest near-term risk\" to the Irish (and European) economy, in a LinkedIn post before the elections.\u00a0<\/p>\n A looming trade war comes at a time when the eurozone is already battling sluggish economic growth that could turn into recession, with Germany particularly exposed to being hit hard by tariffs on European cars.\u00a0<\/p>\n US companies are heavily involved in Ireland's economic performance, operating in sectors such as chemicals, IT and financial services.\u00a0<\/p>\n In 2024, there were 970 US companies in the country, employing about 210,000 people and spending more than \u20ac41bn in the local economy annually, according to the American Chamber of Commerce Ireland.\u00a0<\/p>\n Most of the top 10 US tech companies, including Microsoft, Meta, Amazon, Google (Alphabet) and Apple, are present in Ireland, having swelled the country's digital economy to $50bn (\u20ac46.66bn), accounting for 13% of GDP.\u00a0<\/p>\n After Brexit, Dublin stepped up to be the most popular place for US companies to set up EU headquarters, due to its favourable corporation tax environment (the rate is currently 12.5% or 15% for businesses with revenues of more than \u20ac750m), English-speaking workforce and access to a market of 500 million people in the EU.\u00a0\u00a0<\/p>\n The Information and Communications Technology sector, in particular, generated a tremendous growth of Ireland's economy, new job opportunities, investment and innovation.<\/p>\n Now economists say that Trump's planned trade tariffs and corporation tax cuts could change the tide.<\/p>\n Donald Trump had hinted that he would lower corporation taxes, in some cases to 15%, if he gained office, once the the Trump Tax Cuts and Jobs Act, a result of his previous presidency, expired in 2025.\u00a0<\/p>\n The President-Elect promises the most favourable corporation tax rates for the companies that keep or relocate their production to the US.<\/p>\n Trump's plans to cut taxes may face some obstacles if Congress is not entirely ruled by the Republicans. Even though those plans to cut taxes are far from being certain, fears are already mounting in Ireland the they could potentially erode the competitive edge of the country's tax system for US companies.<\/p>\n Another looming threat is if Trump imposes trade tariffs, which can be done by a presidential order.\u00a0<\/p>\n The President-Elect talked about trade tariffs, up to 20% on goods from other countries and 60% on Chinese ones. (He also mentioned a 200% tax on imported cars that would potentially drag down the already struggling European car industry.)<\/p>\n Trade tariffs on US imports would make those goods more expensive for Americans, necessarily leading to customers favouring local alternatives, therefore foreign products could lose market share. <\/p>\n Chief economist O'Brien highlighted that blanket tariffs on imported goods would particularly hit Ireland hard, as he talked about a transatlantic trade shock being \"now likely\", in a social media post on X.\u00a0<\/p>\n \"The promised tariffs will have a trade destruction effect, with a knock-on on impact for jobs and profit tax revenues,\" said O'Brien.<\/p>\n Irish goods exports to the US last year were worth \u20ac54bn, accounting for one-eighth of the EU's total exports to America.<\/p>\n However, there is no expected exodus of US companies in Ireland for now, but there is a fear of high uncertainty and a period of turbulence, which could be further complicated by potential retaliatory measures by the European Commission, should Trump carry out his promises of across-the-board tariffs on imported goods.<\/p>\n","hashtag":null,"createdAt":1730902820,"updatedAt":1730986116,"publishedAt":1730907217,"firstPublishedAt":1730907217,"lastPublishedAt":1730986108,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/83\/62\/94\/{{w}}x{{h}}_cmsv2_2c44d693-444f-5c25-b50a-638b9d0f11d5-8836294.jpg","altText":"Republican presidential nominee former President Donald Trump is pictured at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla.","caption":"Republican presidential nominee former President Donald Trump is pictured at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla.","captionUrl":null,"captionCredit":"Alex Brandon\/Copyright 2024 The AP. All rights reserved.","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1024,"height":683}],"authors":{"journalists":[{"id":582,"urlSafeValue":"katanich","title":"Doloresz Katanich","twitter":"@doloreskatanich"}],"producers":[],"videoEditor":[]},"keywords":[{"id":10697,"slug":"irish-economy","urlSafeValue":"irish-economy","title":"Irish economy","titleRaw":"Irish economy"},{"id":11900,"slug":"donald-trump","urlSafeValue":"donald-trump","title":"Donald Trump","titleRaw":"Donald Trump"},{"id":29508,"slug":"us-elections-2024","urlSafeValue":"us-elections-2024","title":"US presidential election 2024","titleRaw":"US presidential election 2024"},{"id":272,"slug":"taxes","urlSafeValue":"taxes","title":"Taxes","titleRaw":"Taxes"},{"id":15432,"slug":"tariffs","urlSafeValue":"tariffs","title":"tariffs","titleRaw":"tariffs"},{"id":20538,"slug":"trade","urlSafeValue":"trade","title":"trade","titleRaw":"trade"}],"widgets":[{"slug":"twitter","count":1},{"slug":"related","count":1}],"related":[{"id":2671506},{"id":2672290}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"economy","urlSafeValue":"economy","title":"Economy","online":0,"url":"https:\/\/www.euronews.com\/business\/economy\/economy"},"vertical":"business","verticals":[{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"}],"primaryVertical":{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"},"themes":[{"id":"economy","urlSafeValue":"economy","title":"Economy","url":"\/business\/economy"}],"primaryTheme":{"id":72,"urlSafeValue":"economy","title":"Economy"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["80022015","80023001","84021001","84022001","84111001","84112005"],"slugs":["aggregated_all_moderate_content","automotive","automotive_general","law_gov_t_and_politics_legal_politics","law_government_and_politics","negative_news_financial"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/business\/2024\/11\/06\/how-trumps-presidency-poses-the-biggest-near-term-risk-to-the-irish-economy","lastModified":1730986108},{"id":2668020,"cid":8827428,"versionId":1,"archive":0,"housenumber":"241101_C2SU_56909514","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"Culture - Thousands go to fake AI-invented Dublin Halloween parade","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Thousands go to fake AI-invented Dublin Halloween parade ","titleSeo":null,"titleListing1":"Thousands go to fake AI-invented Dublin Halloween parade ","titleListing2":"Thousands go to fake AI-invented Dublin Halloween parade ","leadin":"Irish revellers flooded the streets of Dublin expecting a Halloween parade last night. The only problem? No parade had been organised.","summary":"Irish revellers flooded the streets of Dublin expecting a Halloween parade last night. The only problem? No parade had been organised.","keySentence":"","url":"thousands-go-to-fake-ai-invented-dublin-halloween-parade","canonical":"https:\/\/www.euronews.com\/culture\/2024\/11\/01\/thousands-go-to-fake-ai-invented-dublin-halloween-parade","masterCms":"v2","plainText":"The parade was announced by My Spirit Halloween and attracted thousands of Dublin locals to gather along a route from Parnell Square to Temple Bar for an event supposedly organised by Galway arts ensemble Macnas. It was only after the Halloween fans arrived that it became clear that the website had made the entire parade up. \n\nMy Spirit Halloween is a Pakistan-hosted website that creates AI-generated news. When the website churned out the fictional parade, it made its way through Search Engine Optimisation (SEO) onto multiple news and social media sites, spreading the fake news. \n\nMany people came dressed up to enjoy the non-event and the Garda\u00ed, Ireland\u2019s police force, had to disperse the gathering. \n\n\u201cPlease be advised that contrary to information being circulated online, no Halloween parade is scheduled to take place in Dublin City Centre this evening or tonight,\u201d the official social media account of the Garda\u00ed posted last night.\n\n\u201cAll those gathered on O\u2019Connell Street in expectation of such a parade are asked to disperse safely. Thank you.\u201d\n\nCrowds were so huge that the Luas tram network that runs through Dublin\u2019s city centre faced disruption across two lines, putting the Red and Green lines out of service for half an hour. \n\nWhile this has been largely received as a funny incident for the many Irish Halloween fans duped into believing in the fictitious parade, it\u2019s an alarming display for how powerful misinformation can be. \n\nThere\u2019s been no public suggestions that the My Spirit Halloween site was acting with malicious intent. Nonetheless, the ability for an AI-generated fiction to be placed online as fact and then touted across the internet to influence the public is concerning. \n\nThe My Spirit Halloween website, hosted in Pakistan but claiming to be based in Illinois, posted the information early in the morning on 31 October claiming the parade would start at 7pm. At no point did the website imply that it was compiling AI-based information, nor that the event was not real. \n\nIt would have largely gone unnoticed if not for the parade\u2019s \u201cnews\u201d being picked up by TikTok users who posted about the fake event and spread awareness of it. \n\nPrompting a gathering of thousands of people in a major city centre with a few hours\u2019 notice is evidence of the huge influence that social media can have on the public. For it to come from an entirely automated fake source of news should ring alarm bells for authorities at the potential for malicious actors to take advantage of the power of online misinformation. \n\n","htmlText":" The parade was announced by My Spirit Halloween and attracted thousands of Dublin locals to gather along a route from Parnell Square to Temple Bar for an event supposedly organised by Galway arts ensemble Macnas. It was only after the Halloween fans arrived that it became clear that the website had made the entire parade up. <\/p>\n My Spirit Halloween is a Pakistan-hosted website that creates AI-generated news. When the website churned out the fictional parade, it made its way through Search Engine Optimisation (SEO) onto multiple news and social media sites, spreading the fake news. <\/p>\n Many people came dressed up to enjoy the non-event and the Garda\u00ed, Ireland\u2019s police force, had to disperse the gathering. <\/p>\n \u201cPlease be advised that contrary to information being circulated online, no Halloween parade is scheduled to take place in Dublin City Centre this evening or tonight,\u201d the official social media account of the Garda\u00ed posted last night.<\/p>\n \u201cAll those gathered on O\u2019Connell Street in expectation of such a parade are asked to disperse safely. Thank you.\u201d<\/p>\n Crowds were so huge that the Luas tram network that runs through Dublin\u2019s city centre faced disruption across two lines, putting the Red and Green lines out of service for half an hour. <\/p>\n While this has been largely received as a funny incident for the many Irish Halloween fans duped into believing in the fictitious parade, it\u2019s an alarming display for how powerful misinformation can be. <\/p>\n There\u2019s been no public suggestions that the My Spirit Halloween site was acting with malicious intent. Nonetheless, the ability for an AI-generated fiction to be placed online as fact and then touted across the internet to influence the public is concerning. <\/p>\n The My Spirit Halloween website, hosted in Pakistan but claiming to be based in Illinois, posted the information early in the morning on 31 October claiming the parade would start at 7pm. At no point did the website imply that it was compiling AI-based information, nor that the event was not real. <\/p>\n It would have largely gone unnoticed if not for the parade\u2019s \u201cnews\u201d being picked up by TikTok users who posted about the fake event and spread awareness of it. <\/p>\n Prompting a gathering of thousands of people in a major city centre with a few hours\u2019 notice is evidence of the huge influence that social media can have on the public. For it to come from an entirely automated fake source of news should ring alarm bells for authorities at the potential for malicious actors to take advantage of the power of online misinformation. <\/p>\n","hashtag":null,"createdAt":1730468692,"updatedAt":1730471833,"publishedAt":1730470538,"firstPublishedAt":1730470538,"lastPublishedAt":1730470583,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/82\/74\/28\/{{w}}x{{h}}_cmsv2_7cc3f8ff-03b1-580c-995e-83117eec2ab1-8827428.jpg","altText":"Thousands gather in Dublin town centre for the fictional event","caption":"Thousands gather in Dublin town centre for the fictional event","captionUrl":null,"captionCredit":"Artur Martens Ronan via X","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":2048,"height":1153}],"authors":{"journalists":[{"id":2272,"urlSafeValue":"walfisz","title":"Jonny Walfisz","twitter":"@JonathanWalfisz"}],"producers":[],"videoEditor":[]},"keywords":[{"id":1813,"slug":"dublin","urlSafeValue":"dublin","title":"Dublin","titleRaw":"Dublin"},{"id":12661,"slug":"artificial-intelligence","urlSafeValue":"artificial-intelligence","title":"Artificial intelligence","titleRaw":"Artificial intelligence"},{"id":28266,"slug":"ai","urlSafeValue":"ai","title":"AI","titleRaw":"AI"},{"id":11406,"slug":"halloween","urlSafeValue":"halloween","title":"Halloween","titleRaw":"Halloween"}],"widgets":[{"slug":"twitter","count":2},{"slug":"related","count":1}],"related":[{"id":2666272},{"id":2665308},{"id":2664438}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"culture-news","urlSafeValue":"culture-news","title":"Culture 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Microsoft to create 550 new engineering and R&D jobs in Dublin","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Microsoft to create hundreds of new engineering jobs in Dublin","titleSeo":null,"titleListing1":"Microsoft to create hundreds of new engineering jobs in Dublin","titleListing2":"Microsoft to create 550 new engineering and R&D jobs in Ireland","leadin":"Microsoft said that the new roles at its Dublin office will focus on cybersecurity and artificial intelligence (AI).","summary":"Microsoft said that the new roles at its Dublin office will focus on cybersecurity and artificial intelligence (AI).","keySentence":"","url":"microsoft-to-create-hundreds-of-new-engineering-jobs-in-dublin","canonical":"https:\/\/www.euronews.com\/business\/2024\/11\/01\/microsoft-to-create-hundreds-of-new-engineering-jobs-in-dublin","masterCms":"v2","plainText":"Microsoft is to create 550 new roles within engineering and research and development at its Dublin office over the next three to four years. \n\nThe new posts will focus on cybersecurity and artificial intelligence services which will then be offered to both the private and public sector organisations globally.\n\nThe specific roles are likely to be in software engineering, product management, design, programme management, analytics, data science, security research, applied sciences and technical writing, the company revealed.\n\nOut of the 550, 120 roles are already open for applications. \u00a0\n\nMicrosoft investment could boost Ireland's AI development\u00a0\n\nWith an increasing focus on artificial intelligence in the last few years, Microsoft's investment in building its AI capacities in Ireland has been much welcomed by the Irish government. Ireland's foreign direct investment (FDI) body, IDA Ireland, has also voiced its support for this move.\u00a0\n\nCommenting on the announcement, the Prime Minister, Simon Harris said in statement on Microsoft's website: \"Not only does this highlight Ireland's attractiveness as an investment destination, it also promises a significant boost for the AI ecosystem in Ireland.\n\n\"Fostering AI skills and advancing capabilities in the field are core to the Government's National Artificial Intelligence Strategy and this project will help develop new specialist skills and expertise, thereby positioning Ireland for further investment in this critical area.\"\n\nThe Microsoft Ireland site leader, James O'Connor, said in a statement: \"AI is one of the most transformative technologies of our time \u2013 it will unlock profound possibilities for people, industry, and society.\u00a0\n\n\"Through this investment, we are building on our almost 40-year presence in Ireland, which has been characterised by continuous investment, transformation and the diversification of our operations from a manufacturing site to a significant international hub for Microsoft providing software development, engineering, data centres, finance, operations, and sales and marketing for EMEA.\u00a0\n\n\"Ireland is undoubtedly an established hotbed of engineering and cyber security talent and leadership, with Irish universities producing some of the very best graduates, and this is a significant contributing factor to both our success and continued investment here.\"\n\n","htmlText":" Microsoft is to create 550 new roles within engineering and research and development at its Dublin office over the next three to four years. <\/p>\n The new posts will focus on cybersecurity and artificial intelligence services which will then be offered to both the private and public sector organisations globally.<\/p>\n The specific roles are likely to be in software engineering, product management, design, programme management, analytics, data science, security research, applied sciences and technical writing, the company revealed.<\/p>\n Out of the 550, 120 roles are already open for applications. \u00a0<\/p>\n With an increasing focus on artificial intelligence in the last few years, Microsoft's investment in building its AI capacities in Ireland has been much welcomed by the Irish government. Ireland's foreign direct investment (FDI) body, IDA Ireland, has also voiced its support for this move.\u00a0<\/p>\n Commenting on the announcement, the Prime Minister, Simon Harris said in statement on Microsoft's website: \"Not only does this highlight Ireland's attractiveness as an investment destination, it also promises a significant boost for the AI ecosystem in Ireland.<\/p>\n \"Fostering AI skills and advancing capabilities in the field are core to the Government's National Artificial Intelligence Strategy and this project will help develop new specialist skills and expertise, thereby positioning Ireland for further investment in this critical area.\"<\/p>\n The Microsoft Ireland site leader, James O'Connor, said in a statement: \"AI is one of the most transformative technologies of our time \u2013 it will unlock profound possibilities for people, industry, and society.\u00a0<\/p>\n \"Through this investment, we are building on our almost 40-year presence in Ireland, which has been characterised by continuous investment, transformation and the diversification of our operations from a manufacturing site to a significant international hub for Microsoft providing software development, engineering, data centres, finance, operations, and sales and marketing for EMEA.\u00a0<\/p>\n \"Ireland is undoubtedly an established hotbed of engineering and cyber security talent and leadership, with Irish universities producing some of the very best graduates, and this is a significant contributing factor to both our success and continued investment here.\"<\/p>\n","hashtag":null,"createdAt":1730452538,"updatedAt":1730460114,"publishedAt":1730460082,"firstPublishedAt":1730460082,"lastPublishedAt":1730460082,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/58\/77\/82\/{{w}}x{{h}}_cmsv2_28a4f76a-3e9b-555d-a2b4-683db0680d38-8587782.jpg","altText":"The logo of Microsoft is seen outside it's French headquarters in Issy-les-Moulineaux, outside Paris, Monday May 13, 2024.","caption":"The logo of Microsoft is seen outside it's French headquarters in Issy-les-Moulineaux, outside Paris, Monday May 13, 2024.","captionUrl":null,"captionCredit":"AP Photo\/Thibault Camus","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":7904,"height":5270}],"authors":{"journalists":[{"id":2872,"urlSafeValue":"lahiri","title":"Indrabati Lahiri","twitter":null}],"producers":[],"videoEditor":[]},"keywords":[{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":191,"slug":"microsoft","urlSafeValue":"microsoft","title":"Microsoft","titleRaw":"Microsoft"},{"id":6657,"slug":"jobs","urlSafeValue":"jobs","title":"Jobs","titleRaw":"Jobs"}],"widgets":[{"slug":"related","count":1}],"related":[{"id":2667618},{"id":2667600},{"id":2670658}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"business","urlSafeValue":"business","title":"Business","online":0,"url":"https:\/\/www.euronews.com\/business\/business\/business"},"vertical":"business","verticals":[{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"}],"primaryVertical":{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"},"themes":[{"id":"business","urlSafeValue":"business","title":"Business","url":"\/business\/business"}],"primaryTheme":{"id":7,"urlSafeValue":"business","title":"Business"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["84041001","84042001","84111001","84112001","84191001","84192001","84211001","84212001","84241001","84242012","84242030"],"slugs":["careers","careers_general","law_government_and_politics","law_government_and_politics_general","science","science_general","society","society_general","tech_and_computing_data_centers","tech_and_computing_network_security","technology_and_computing"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/business\/2024\/11\/01\/microsoft-to-create-hundreds-of-new-engineering-jobs-in-dublin","lastModified":1730460082},{"id":2660068,"cid":8805432,"versionId":1,"archive":0,"housenumber":"241022_BZSU_56822689","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"IRELAND ONLINE SAFETY CODE","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Ireland announces new online safety rules for video-sharing platforms like TikTok","titleSeo":null,"titleListing1":"Ireland announces new online safety rules for video-sharing platforms","titleListing2":"Ireland announces new online safety rules for video-sharing platforms like TikTok","leadin":"A new online safety code restricts certain harmful content, like pornography, child sex abuse, and cyberbullying.","summary":"A new online safety code restricts certain harmful content, like pornography, child sex abuse, and cyberbullying.","keySentence":"","url":"ireland-announces-new-online-safety-rules-for-video-sharing-platforms-like-tiktok","canonical":"https:\/\/www.euronews.com\/next\/2024\/10\/22\/ireland-announces-new-online-safety-rules-for-video-sharing-platforms-like-tiktok","masterCms":"v2","plainText":"Ireland has adopted a new online safety code for video-sharing platforms such as TikTok and Facebook to protect people from harmful internet content.\n\nThe code sets binding rules on platforms with their European headquarters in Ireland and will apply from next month.\n\nThe new rules include prohibiting content that promotes cyberbullying, self-harm or suicide, eating disorders, terrorism, child sex abuse material, and racism or xenophobia.\n\nThe code also requires video-sharing platforms to prevent children from seeing \u201cpornography or gratuitous violence\u201d and to provide parents controls for certain content.\n\nThe new code applies to Facebook, Instagram, LinkedIn, Pinterest, Reddit, TikTok, Tumblr, Udemy, X, and YouTube, according to a list published in January by Ireland\u2019s media regulator, Coimisi\u00fan na Me\u00e1n.\n\nThe regulator said the new rules are backed by \u201cstrong sanctioning powers\u201d with fines of up to \u20ac20 million or 10 per cent of a platform\u2019s annual turnover.\n\nPlatforms will have an \u201cimplementation period\u201d of up to nine months for provisions that need more IT work to comply.\n\n\u201cThe adoption of the Online Safety Code is an important milestone and ensures that there is now a comprehensive regulatory framework in place,\u201d Online Safety Commissioner Niamh Hodnett said in a forward to the code.\n\n\u201cWe will remain vigilant in our efforts so that we can continue to enjoy the many positive aspects of the Internet which benefit society\u201d.\u00a0\n\nThe code is part of Ireland\u2019s Online Safety Framework, which also includes the EU Digital Services Act (DSA), which covers a wider group of tech companies.\n\n","htmlText":" Ireland has adopted a new online safety code for video-sharing platforms such as TikTok and Facebook to protect people from harmful internet content.<\/p>\n The code sets binding rules on platforms with their European headquarters in Ireland and will apply from next month.<\/p>\n The new rules include prohibiting content that promotes cyberbullying, self-harm or suicide, eating disorders, terrorism, child sex abuse material, and racism or xenophobia.<\/p>\n The code also requires video-sharing platforms to prevent children from seeing \u201cpornography or gratuitous violence\u201d and to provide parents controls for certain content.<\/p>\n The new code applies to Facebook, Instagram, LinkedIn, Pinterest, Reddit, TikTok, Tumblr, Udemy, X, and YouTube, according to a list published in January by Ireland\u2019s media regulator, Coimisi\u00fan na Me\u00e1n.<\/p>\n The regulator said the new rules are backed by \u201cstrong sanctioning powers\u201d with fines of up to \u20ac20 million or 10 per cent of a platform\u2019s annual turnover.<\/p>\n Platforms will have an \u201cimplementation period\u201d of up to nine months for provisions that need more IT work to comply.<\/p>\n \u201cThe adoption of the Online Safety Code is an important milestone and ensures that there is now a comprehensive regulatory framework in place,\u201d Online Safety Commissioner Niamh Hodnett said in a forward to the code.<\/p>\n \u201cWe will remain vigilant in our efforts so that we can continue to enjoy the many positive aspects of the Internet which benefit society\u201d.\u00a0<\/p>\n The code is part of Ireland\u2019s Online Safety Framework, which also includes the EU Digital Services Act (DSA), which covers a wider group of tech companies.<\/p>\n","hashtag":null,"createdAt":1729599991,"updatedAt":1729602622,"publishedAt":1729601377,"firstPublishedAt":1729601377,"lastPublishedAt":1729601377,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/80\/54\/32\/{{w}}x{{h}}_cmsv2_4ba4c825-8136-5a73-8885-499109a3c726-8805432.jpg","altText":"FILE - A woman looks at a hand held device on a train in New Jersey on May 18, 2021. ","caption":"FILE - A woman looks at a hand held device on a train in New Jersey on May 18, 2021. ","captionUrl":null,"captionCredit":"AP Photo\/Jenny Kane, File","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":3360,"height":2240}],"authors":{"journalists":[{"id":1828,"urlSafeValue":"chadwick","title":"Lauren Chadwick","twitter":null}],"producers":[],"videoEditor":[]},"keywords":[{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":389,"slug":"technology","urlSafeValue":"technology","title":"Technology","titleRaw":"Technology"},{"id":30020,"slug":"digital-services-act-dsa","urlSafeValue":"digital-services-act-dsa","title":"Digital Services Act (DSA)","titleRaw":"Digital Services Act (DSA)"}],"widgets":[{"slug":"related","count":2}],"related":[{"id":2628504}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"tech-news","urlSafeValue":"tech-news","title":"Tech News","online":0,"url":"https:\/\/www.euronews.com\/next\/tech-news\/tech-news"},"vertical":"next","verticals":[{"id":9,"slug":"next","urlSafeValue":"next","title":"Next"}],"primaryVertical":{"id":9,"slug":"next","urlSafeValue":"next","title":"Next"},"themes":[{"id":"tech-news","urlSafeValue":"tech-news","title":"Tech News","url":"\/next\/tech-news"}],"primaryTheme":{"id":40,"urlSafeValue":"tech-news","title":"Tech News"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["80023001","80122003","80222003","84011001","84012001","84091001","84092030","84211001","84212001","84241001","84242030"],"slugs":["aggregated_all_moderate_content","arts_and_entertainment","arts_and_entertainment_general","hobbies_and_interests","hobbies_and_interests_social_networking","society","society_general","tech_and_computing_network_security","technology_and_computing","violence_high_and_medium_risk","violence_high_medium_and_low_risk"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/next\/2024\/10\/22\/ireland-announces-new-online-safety-rules-for-video-sharing-platforms-like-tiktok","lastModified":1729601377},{"id":2651802,"cid":8784368,"versionId":1,"archive":0,"housenumber":"241011_NWSU_56734454","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"ireland russian spy reports","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Irish politicians deny Kremlin ties after 'Cobalt' espionage claims","titleSeo":null,"titleListing1":"Irish politicians deny Kremlin ties after 'Cobalt' espionage claims","titleListing2":"Irish politicians deny Kremlin ties after 'Cobalt' espionage claims","leadin":"Multiple members of both houses of parliament have spoken up to deny they are in any way involved in Russian espionage.","summary":"Multiple members of both houses of parliament have spoken up to deny they are in any way involved in Russian espionage.","keySentence":"","url":"irish-deputy-pm-denies-being-briefed-on-reported-russian-spy-in-parliament","canonical":"https:\/\/www.euronews.com\/2024\/10\/11\/irish-deputy-pm-denies-being-briefed-on-reported-russian-spy-in-parliament","masterCms":"v2","plainText":"Members of the Irish parliament are denying having any connections with the Kremlin after reports of a Russian asset among politicians in Dublin.\n\nThe story began with an report in the UK's Sunday Times that detailed a Russian influence operation had captured an unnamed \"agent of influence inside the Irish political establishment\", whom the paper nicknamed \"Cobalt\" and identified as male.\n\nThe story has left members of the Irish parliament, or Oireachtas, to deny that they are the alleged asset, whom the Sunday Times claimed may have been pressured via the gathering of compromising personal information, or \"kompromat\", or via a honeypot operation.\n\nThe paper reported that Cobalt has been extensively investigated by Irish security services.\n\nHowever, addressing the lower house on Thursday, Minister of Defence and Deputy Prime Minister Miche\u00e1l Martin denied having been alerted to any active Russian espionage operation in Irish politics during his time as Taoiseach between June 2020 and December 2022.\n\n\"I received security briefings, but I was never told, and never briefed, that there was a spy in the Oireachtas,\" he said.\n\n\"There's a more fundamental question to be asked which I'm going to ask as minister of defence, because as minister of defence, I've never received a security briefing saying there's a spy in the Oireachtas. There may be, there may not be, but I've never been briefed.\"\n\nSeveral parliamentarians have taken the unusual step of ruling themselves out as the real Cobalt. One senator from Martin's party, Timmy Dooley, told his colleagues in the chamber this week that they needed to do so for the sake of parliament's reputation.\n\n\u201cI think its important in order to avoid any potential stain on this house, that members would voluntarily make a statement that they are not the subject of any investigation or that they have never been in the clutches of Russia. And before I sit down, I can declare that I am not such person.\u201d\n\nNeutral, but vulnerable\n\nAside from Cobalt's identity, the question raised by the original report is why Russia would be targeting Ireland with espionage in the first place.\n\nThe two countries have long had less than cordial relations, and there is a history of Russian spies using Ireland as a base for operating within the EU. Plans to expand the Russian embassy in Dublin in 2018 were thrown out by the Irish government when it emerged they contained suspicious elements that could have housed spying facilities.\n\nSince Russia's full-scale invasion of Ukraine in February 2022, Ireland has accepted tens of thousands of Ukrainian refugees. The Irish government has strongly supported the Ukrainian war effort, and it has sent nearly \u20ac400 million in humanitarian aid in the last two-and-a-half years.\n\nHowever, Ireland is not a part of NATO and has long maintained a policy of military neutrality, maintaining only a relatively small army whose principal role is to participate in multilateral peacekeeping missions.\n\nUnder domestic law, for the army to deploy more than 12 soldiers to a combat zone, it must seek a mandatory resolution from the United Nations Security Council, a formal decision from the Irish government, and the approval of the lower house of parliament.\n\nPolling shows that the neutrality policy remains popular among the Irish electorate. However, domestic critics of the so-called \"triple lock\" argue that it essentially gives adversaries on the UN Security Council a veto over Irish military action \u2014 and that Ireland is essentially working on the assumption that its Western allies would come to its defence if necessary. \n\n","htmlText":" Members of the Irish parliament are denying having any connections with the Kremlin after reports of a Russian asset among politicians in Dublin.<\/p>\n The story began with an report in the UK's Sunday Times that detailed a Russian influence operation had captured an unnamed \"agent of influence inside the Irish political establishment\", whom the paper nicknamed \"Cobalt\" and identified as male.<\/p>\n The story has left members of the Irish parliament, or Oireachtas, to deny that they are the alleged asset, whom the Sunday Times claimed may have been pressured via the gathering of compromising personal information, or \"kompromat\", or via a honeypot operation.<\/p>\n The paper reported that Cobalt has been extensively investigated by Irish security services.<\/p>\n However, addressing the lower house on Thursday, Minister of Defence and Deputy Prime Minister Miche\u00e1l Martin denied having been alerted to any active Russian espionage operation in Irish politics during his time as Taoiseach between June 2020 and December 2022.<\/p>\n \"I received security briefings, but I was never told, and never briefed, that there was a spy in the Oireachtas,\" he said.<\/p>\n \"There's a more fundamental question to be asked which I'm going to ask as minister of defence, because as minister of defence, I've never received a security briefing saying there's a spy in the Oireachtas. There may be, there may not be, but I've never been briefed.\"<\/p>\n Several parliamentarians have taken the unusual step of ruling themselves out as the real Cobalt. One senator from Martin's party, Timmy Dooley, told his colleagues in the chamber this week that they needed to do so for the sake of parliament's reputation.<\/p>\n \u201cI think its important in order to avoid any potential stain on this house, that members would voluntarily make a statement that they are not the subject of any investigation or that they have never been in the clutches of Russia. And before I sit down, I can declare that I am not such person.\u201d<\/p>\n Aside from Cobalt's identity, the question raised by the original report is why Russia would be targeting Ireland with espionage in the first place.<\/p>\n The two countries have long had less than cordial relations, and there is a history of Russian spies using Ireland as a base for operating within the EU. Plans to expand the Russian embassy in Dublin in 2018 were thrown out by the Irish government when it emerged they contained suspicious elements that could have housed spying facilities.<\/p>\n Since Russia's full-scale invasion of Ukraine in February 2022, Ireland has accepted tens of thousands of Ukrainian refugees. The Irish government has strongly supported the Ukrainian war effort, and it has sent nearly \u20ac400 million in humanitarian aid in the last two-and-a-half years.<\/p>\n However, Ireland is not a part of NATO and has long maintained a policy of military neutrality, maintaining only a relatively small army whose principal role is to participate in multilateral peacekeeping missions.<\/p>\n Under domestic law, for the army to deploy more than 12 soldiers to a combat zone, it must seek a mandatory resolution from the United Nations Security Council, a formal decision from the Irish government, and the approval of the lower house of parliament.<\/p>\n Polling shows that the neutrality policy remains popular among the Irish electorate. However, domestic critics of the so-called \"triple lock\" argue that it essentially gives adversaries on the UN Security Council a veto over Irish military action \u2014 and that Ireland is essentially working on the assumption that its Western allies would come to its defence if necessary. <\/p>\n","hashtag":null,"createdAt":1728635065,"updatedAt":1728653055,"publishedAt":1728651384,"firstPublishedAt":1728651384,"lastPublishedAt":1728651384,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/78\/43\/68\/{{w}}x{{h}}_cmsv2_8b30bf34-343a-59ab-bbff-481d4f55fa49-8784368.jpg","altText":"Leinster House, home of the Irish parliament in Dublin.","caption":"Leinster House, home of the Irish parliament in Dublin.","captionUrl":"https:\/\/www.flickr.com\/photos\/151050450@N02\/36123401941","captionCredit":"Kent McConnell via Flickr","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":2048,"height":1151}],"authors":{"journalists":[{"id":2886,"urlSafeValue":"naughtie","title":"Andrew Naughtie","twitter":null}],"producers":[],"videoEditor":[]},"keywords":[{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":239,"slug":"russia","urlSafeValue":"russia","title":"Russia","titleRaw":"Russia"},{"id":8133,"slug":"espionage","urlSafeValue":"espionage","title":"Espionage","titleRaw":"Espionage"},{"id":10535,"slug":"irish-politics","urlSafeValue":"irish-politics","title":"Irish politics","titleRaw":"Irish politics"}],"widgets":[{"slug":"related","count":1}],"related":[{"id":2691704}],"technicalTags":[{"path":"euronews.byenglishwebteam"},{"path":"euronews"}],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"world","urlSafeValue":"world","title":"World News","online":1,"url":"https:\/\/www.euronews.com\/programs\/world"},"vertical":"news","verticals":[{"id":1,"slug":"news","urlSafeValue":"news","title":"News"}],"primaryVertical":{"id":1,"slug":"news","urlSafeValue":"news","title":"News"},"themes":[{"id":"news","urlSafeValue":"news","title":"World","url":"\/news\/international"}],"primaryTheme":{"id":1,"urlSafeValue":"news","title":"World"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["80023001","80122009","80222009","84111001","84112005","84121001","84122001","84211001","84212001"],"slugs":["aggregated_all_moderate_content","human_made_disasters_high_and_medium_risk","human_made_disasters_high_medium_and_low_risk","law_gov_t_and_politics_legal_politics","law_government_and_politics","news","news_general","society","society_general"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/2024\/10\/11\/irish-deputy-pm-denies-being-briefed-on-reported-russian-spy-in-parliament","lastModified":1728651384},{"id":2644022,"cid":8765082,"versionId":2,"archive":0,"housenumber":"241001_ECSU_56649636","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"BUSINESS Tax cuts and higher wages: Ireland announces round of pre-election goodies","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Dublin unveils bumper budget with tax cuts and higher wages as election looms","titleSeo":null,"titleListing1":"Dublin unveils bumper budget with tax cuts and higher wages ","titleListing2":"Tax cuts and higher wages: Ireland announces round of pre-election sweeteners","leadin":"Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security.","summary":"Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security.","keySentence":"","url":"dublin-unveils-bumper-budget-with-tax-cuts-and-higher-wages-as-election-looms","canonical":"https:\/\/www.euronews.com\/business\/2024\/10\/01\/dublin-unveils-bumper-budget-with-tax-cuts-and-higher-wages-as-election-looms","masterCms":"v2","plainText":"Ireland's Minister for Finance and Minister for Public Expenditure outlined the national budget for 2025 on Tuesday afternoon, presenting financial plans for the year ahead.\n\n\"Progressivity, fairness and catalysing real opportunity for the future \u2026 have been central to how Budget 2025 has been designed,\" said Finance Minister Jack Chambers.\n\nWith an election on the cards before March next year, the government sought to appeal to voters with a raft of giveaways.\n\nReductions in income tax have been promised, while the state will increase the minimum wage by 80 cents from 1 January.\n\nIn another crowd-pleasing move, the minimum inheritance tax threshold will be raised, meaning larger bequests can be given tax-free.\n\nA reduced rate of VAT for gas and electricity will also be extended.\n\n\"As expected, the Budget brought a considerable package of spending increases and tax cuts, in an attempt to please a large proportion of the electorate as Ireland heads to polls soon,\" said Ricardo Amaro, lead economist at Oxford Economics.\n\n\"The economy is in good health and a tight labour market suggests that this level of stimulus is excessive,\" he continued.\n\n\"Domestic-generated inflation has proven stickier [compared to imported inflation] and needs to be closely-watched, with today\u2019s Budget reinforcing upside risks in this area.\"\n\nCalls for fiscal restraint\n\nAhead of Tuesday's announcement, economists had warned politicians not to be overly lax with the nation's purse strings.\n\nThe Irish Fiscal Advisory Council (IFAC) notably argued that although Ireland seems to have a healthy spending margin, inflationary risks could resurge above the 2% target.\n\nIf more money is injected into the economy, increased demand for goods and services could push up prices.\n\nAccording to projections given by Minister Chambers, Ireland is set to see a budget surplus of 7.5% of national income in 2024 - equating to \u20ac23.7bn.\n\nThat's up from an earlier 2.8% forecast, mainly thanks to a windfall tax due from Apple.\n\nLast month, a ruling from the European Court of Justice demanded that the Irish government collect \u20ac13bn in taxes back from the tech giant, stating that Apple had benefited from illegally low levies.\n\nAlthough this will provide a boost for the state coffers, the revenue is one-off and therefore not a stable source of income.\n\nThis fact, alongside inflationary risks, provides an argument for restrained spending.\n\n\"We know that our public finances are heavily reliant on corporation tax, much of which is 'windfall' in nature and not linked to our domestic economy,\" said Chambers on Tuesday - arguing that economic restraint had been factored into government decisions.\n\n\"Much of our income tax receipts are linked with this highly concentrated revenue stream. As I have said many times before, we must not use these potentially transient receipts to fund permanent expenditure measures.\"\n\nThis message was reiterated by Minister for Public Expenditure Paschal Donohoe, who spoke after Chambers.\n\nAccording to the budget plans, a chunk of Ireland\u2019s increased tax revenue will contribute to resilience cushions, specifically the Future Ireland Fund and the Infrastructure, Climate, and Nature Fund.\n\n\u201c[A budget surplus] allows for flexibility and gives us a far better chance of being able to deal with the risks that we do not see coming,\u201d said Donohoe.\n\nOther priorities for investment\n\nThe ministers on Tuesday also outlined the importance of investing in public infrastructure to tackle long-standing structural flaws in Ireland.\n\nEnergy, water, and housing were identified as areas for improvement, along with health care.\n\nAn additional sum of \u20ac2.7bn will be given to the health sector over two years, and 495 new beds will be introduced in hospital and community services.\n\nMore money will equally be put towards supplying new homes in Ireland, and supporting affordable housing schemes.\n\nMany in Ireland are struggling to afford accommodation as complex planning regulations and a lack of supply have sent prices soaring.\n\n\"Measures providing more funding for selected households to buy houses will just bid up house prices,\" warned John D. FitzGerald, professor in economics at Trinity College Dublin.\n\n\"What is needed is a medium term strategy, developing the investment capacity of the economy so that the necessary major investment in infrastructure can be undertaken over the period to 2030,\" he told Euronews Business.\n\n\"It is not possible to ramp up such investment rapidly. It would have been much more effective if the budget was combined with other measures to facilitate investment, in particular a rapid change in the planning system.\"\n\nIn many ways, the task of devising next year's budget has been made easier for the Irish government because of the country\u2019s robust economic health.\n\nOn the flip side, ministers are somewhat stuck between a rock and a hard place, balancing expectations of generosity while economists call for caution.\n\n","htmlText":" Ireland's Minister for Finance and Minister for Public Expenditure outlined the national budget for 2025 on Tuesday afternoon, presenting financial plans for the year ahead.<\/p>\n \"Progressivity, fairness and catalysing real opportunity for the future \u2026 have been central to how Budget 2025 has been designed,\" said Finance Minister Jack Chambers.<\/p>\n With an election on the cards before March next year, the government sought to appeal to voters with a raft of giveaways.<\/p>\n Reductions in income tax have been promised, while the state will increase the minimum wage by 80 cents from 1 January.<\/p>\n In another crowd-pleasing move, the minimum inheritance tax threshold will be raised, meaning larger bequests can be given tax-free.<\/p>\n A reduced rate of VAT for gas and electricity will also be extended.<\/p>\n \"As expected, the Budget brought a considerable package of spending increases and tax cuts, in an attempt to please a large proportion of the electorate as Ireland heads to polls soon,\" said Ricardo Amaro, lead economist at Oxford Economics.<\/p>\n \"The economy is in good health and a tight labour market suggests that this level of stimulus is excessive,\" he continued.<\/p>\n \"Domestic-generated inflation has proven stickier [compared to imported inflation] and needs to be closely-watched, with today\u2019s Budget reinforcing upside risks in this area.\"<\/p>\n Ahead of Tuesday's announcement, economists had warned politicians not to be overly lax with the nation's purse strings.<\/p>\n The Irish Fiscal Advisory Council (IFAC)<\/strong><\/a> notably argued that although Ireland seems to have a healthy spending margin, inflationary risks could resurge above the 2% target.<\/p>\n If more money is injected into the economy, increased demand for goods and services could push up prices.<\/p>\n According to projections given by Minister Chambers, Ireland is set to see a budget surplus of 7.5% of national income in 2024 - equating to \u20ac23.7bn.<\/p>\n That's up from an earlier 2.8% forecast, mainly thanks to a windfall tax due from Apple.<\/p>\n Last month, a ruling from the European Court of Justice demanded that the Irish government collect \u20ac13bn in taxes back from the tech giant, stating that Apple had benefited from illegally low levies.<\/p>\n Although this will provide a boost for the state coffers, the revenue is one-off and therefore not a stable source of income.<\/p>\n This fact, alongside inflationary risks, provides an argument for restrained spending.<\/p>\n \"We know that our public finances are heavily reliant on corporation tax, much of which is 'windfall' in nature and not linked to our domestic economy,\" said Chambers on Tuesday - arguing that economic restraint had been factored into government decisions.<\/p>\n \"Much of our income tax receipts are linked with this highly concentrated revenue stream. As I have said many times before, we must not use these potentially transient receipts to fund permanent expenditure measures.\"<\/p>\n This message was reiterated by Minister for Public Expenditure Paschal Donohoe, who spoke after Chambers.<\/p>\n According to the budget plans, a chunk of Ireland\u2019s increased tax revenue will contribute to resilience cushions, specifically the Future Ireland Fund and the Infrastructure, Climate, and Nature Fund.<\/p>\n \u201c[A budget surplus] allows for flexibility and gives us a far better chance of being able to deal with the risks that we do not see coming,\u201d said Donohoe.<\/p>\n The ministers on Tuesday also outlined the importance of investing in public infrastructure to tackle long-standing structural flaws in Ireland.<\/p>\n Energy, water, and housing were identified as areas for improvement, along with health care.<\/p>\n An additional sum of \u20ac2.7bn will be given to the health sector over two years, and 495 new beds will be introduced in hospital and community services.<\/p>\n More money will equally be put towards supplying new homes in Ireland, and supporting affordable housing schemes.<\/p>\n Many in Ireland are struggling to afford accommodation as complex planning regulations and a lack of supply have sent prices soaring.<\/p>\n \"Measures providing more funding for selected households to buy houses will just bid up house prices,\" warned John D. FitzGerald, professor in economics at Trinity College Dublin.<\/p>\n \"What is needed is a medium term strategy, developing the investment capacity of the economy so that the necessary major investment in infrastructure can be undertaken over the period to 2030,\" he told Euronews Business.<\/p>\n \"It is not possible to ramp up such investment rapidly. It would have been much more effective if the budget was combined with other measures to facilitate investment, in particular a rapid change in the planning system.\"<\/p>\n In many ways, the task of devising next year's budget has been made easier for the Irish government because of the country\u2019s robust economic health.<\/p>\n On the flip side, ministers are somewhat stuck between a rock and a hard place, balancing expectations of generosity while economists call for caution.<\/p>\n","hashtag":null,"createdAt":1727792688,"updatedAt":1728236938,"publishedAt":1727804719,"firstPublishedAt":1727804719,"lastPublishedAt":1728236938,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/06\/69\/57\/82\/{{w}}x{{h}}_cmsv2_ef46791e-1756-5a7e-aa80-77d8e374ba3e-6695782.jpg","altText":"The broadest boulevard of the Irish capital, O'Connell Street, is packed with buses and commuters at evening rush hour in Dublin on April 30, 2012. ","caption":"The broadest boulevard of the Irish capital, O'Connell Street, is packed with buses and commuters at evening rush hour in Dublin on April 30, 2012. ","captionUrl":null,"captionCredit":"Shawn Pogatchnik\/AP","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":3648,"height":2432}],"authors":{"journalists":[{"id":2734,"urlSafeValue":"butler","title":"Eleanor Butler","twitter":"@eleanorfbutler"}],"producers":[],"videoEditor":[]},"keywords":[{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":12065,"slug":"budget","urlSafeValue":"budget","title":"Budget","titleRaw":"Budget"},{"id":21588,"slug":"tax","urlSafeValue":"tax","title":"Tax","titleRaw":"Tax"},{"id":29750,"slug":"inheritance-tax","urlSafeValue":"inheritance-tax","title":"inheritance tax","titleRaw":"inheritance tax"}],"widgets":[{"slug":"twitter","count":1},{"slug":"related","count":2}],"related":[{"id":2625788},{"id":2624458}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"economy","urlSafeValue":"economy","title":"Economy","online":0,"url":"https:\/\/www.euronews.com\/business\/economy\/economy"},"vertical":"business","verticals":[{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"}],"primaryVertical":{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"},"themes":[{"id":"economy","urlSafeValue":"economy","title":"Economy","url":"\/business\/economy"}],"primaryTheme":{"id":72,"urlSafeValue":"economy","title":"Economy"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["84121001"],"slugs":["news"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/business\/2024\/10\/01\/dublin-unveils-bumper-budget-with-tax-cuts-and-higher-wages-as-election-looms","lastModified":1728236938},{"id":2641010,"cid":8758448,"versionId":6,"archive":0,"housenumber":"240927_BUSU_56619288","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"Business DAA passenger cap","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Economic self-sabotage? Ireland\u2019s Green Party and DAA weigh in on passenger cap","titleSeo":null,"titleListing1":"Economic self-sabotage? Dublin airport passenger cap row heats up","titleListing2":"Economic self-sabotage? Ireland's Green Party and DAA weigh in on passenger cap","leadin":"The aviation industry cannot fully rely on technological solutions to tackle the climate crisis, Green councillor says amid dispute over passenger limits at Dublin airport.","summary":"The aviation industry cannot fully rely on technological solutions to tackle the climate crisis, Green councillor says amid dispute over passenger limits at Dublin airport.","keySentence":"","url":"economic-self-sabotage-irelands-green-party-and-daa-weigh-in-on-airport-passenger-cap","canonical":"https:\/\/www.euronews.com\/business\/2024\/09\/27\/economic-self-sabotage-irelands-green-party-and-daa-weigh-in-on-airport-passenger-cap","masterCms":"v2","plainText":"A spokesperson for Ireland's Green Party has said that the DAA group, which runs Dublin airport, isn't taking a realistic path towards sustainability.\n\n\"The rest of the economic sectors are addressing them [climate concerns], and aviation seems to \u2026want to keep growing as fast as it can without any real constraints,\" said David Healy, Green councillor on Fingal County Council.\n\n\"Projections for passenger numbers are not consistent with a future of reduced aviation emissions,\" he told Euronews.\n\nHealy's comments come in response to dialogue from the DAA earlier this week, regarding a restriction on passenger numbers at Dublin airport.\n\nThe DAA is currently fighting an annual cap of 32 million passengers, also opposed by airlines.\n\nIntroduced in 2007, the limit was introduced to manage traffic congestion.\n\n\"By capping Dublin all you're doing is immediately costing jobs to the Irish economy,\u2026and you're giving Irish aviation and Irish tourism a bad look because it's creating this cloud of uncertainty,\" said Kenny Jacobs, CEO of the DAA.\n\nHe was speaking at an Irish Tourism Industry Confederation (ITIC) event on Wednesday.\n\nGrowing to invest in sustainability\n\nAsked about sustainability, Jacobs noted that the DAA is \"fully committed\" to climate progress but added that \"you have to economically grow to be able to invest\".\n\nGreen technology, he explained, cannot be integrated into aviation processes without the funds that passengers bring.\n\nReferring to the DAA and airlines, councillor Healy nonetheless argued that the redeeming effects of technology are being overstated.\n\n\"There are some technological options. But nobody is really predicting that the technological options are going to allow us to keep growing aviation at the rate that we have been to date.\"\n\nIn the DAA's carbon reduction report, the group states that Dublin Airport will be able to accommodate up to 40 million passengers annually thanks to upgrades made between 2022 to 2026.\n\nThis is now being challenged by the current cap.\n\nWhen questioned on passenger limits, Healy stated that Ireland's Green Party wasn't opposed to a modification of the 32 million threshold.\n\nEven so, he added that climate concerns must be taken more seriously when drawing up projections.\n\nHe said the Green Party couldn't recommend a specific number for a revised cap.\n\nIn response to Healy's comments, a spokesperson for the DAA told Euronews: \"Dublin Airport is committed to reducing its direct emissions (Scope 1 and 2) by 51% by 2030, which aligns with the public sector targets set as part of the National Climate Action Plan, and ultimately towards achieving net zero carbon emissions by 2050 at the latest.\"\n\nThe group added: \"Dublin Airport\u2019s capital investment plan, together with the Infrastructure Application submitted to Fingal County Council in December 2023, identify a suite of projects that will provide sustainability benefits with investments totalling \u20ac400 million.\"\n\nIs technology the way forward?\n\nTechnological improvements that could make flying more sustainable often target the type of fuel used in aircrafts.\n\nHydrogen-powered planes are one suggestion, although there are concerns about their suitability for long-distance routes.\n\nSourcing hydrogen in an environmentally-friendly way is also an issue, as some procedures used to create this gas emit a lot of CO2.\n\nSustainable aviation fuels (SAF), made from plant or animal materials, have similarly been floated as a means of making flying greener.\n\nThe Irish government noted this year that the SAF industry is \"still an an early stage of development, with limited production capacity\".\n\nThe future of the cap\n\nDublin airport is actively engaged in discussions to lift the passenger cap, although it's highly likely this won't be resolved before next year.\n\nEarlier this week, Ireland's Minister for Tourism said that the restriction wasn't an issue for politicians - but rather progress must be made through official planning routes.\n\nMinister Catherine Martin added that there could be benefits of the cap, notably that it could bring a boost to airports outside of Dublin.\n\nKenny Jacobs contested this, stating: \"the whole notion that cap Dublin can prompt a move to the regions is simplistic, naive, and it doesn't reflect how the airlines work.\"\n\n","htmlText":" A spokesperson for Ireland's Green Party has said that the DAA group, which runs Dublin airport, isn't taking a realistic path towards sustainability.<\/p>\n \"The rest of the economic sectors are addressing them [climate concerns], and aviation seems to \u2026want to keep growing as fast as it can without any real constraints,\" said David Healy, Green councillor on Fingal County Council.<\/p>\n \"Projections for passenger numbers are not consistent with a future of reduced aviation emissions,\" he told Euronews.<\/p>\n Healy's comments come in response to dialogue from the DAA earlier this week, regarding a restriction on passenger numbers at Dublin airport.<\/p>\n The DAA is currently fighting an annual cap of 32 million passengers, also opposed by airlines.<\/p>\n Introduced in 2007, the limit was introduced to manage traffic congestion.<\/p>\n \"By capping Dublin all you're doing is immediately costing jobs to the Irish economy,\u2026and you're giving Irish aviation and Irish tourism a bad look because it's creating this cloud of uncertainty,\" said Kenny Jacobs, CEO of the DAA.<\/p>\n He was speaking at an Irish Tourism Industry Confederation (ITIC) event on Wednesday.<\/p>\n Asked about sustainability, Jacobs noted that the DAA is \"fully committed\" to climate progress but added that \"you have to economically grow to be able to invest\".<\/p>\n Green technology, he explained, cannot be integrated into aviation processes without the funds that passengers bring.<\/p>\n Referring to the DAA and airlines, councillor Healy nonetheless argued that the redeeming effects of technology are being overstated.<\/p>\n \"There are some technological options. But nobody is really predicting that the technological options are going to allow us to keep growing aviation at the rate that we have been to date.\"<\/p>\n In the DAA's carbon reduction report, the group states that Dublin Airport will be able to accommodate up to 40 million passengers annually thanks to upgrades made between 2022 to 2026.<\/p>\n This is now being challenged by the current cap.<\/p>\n When questioned on passenger limits, Healy stated that Ireland's Green Party wasn't opposed to a modification of the 32 million threshold.<\/p>\n Even so, he added that climate concerns must be taken more seriously when drawing up projections.<\/p>\n He said the Green Party couldn't recommend a specific number for a revised cap.<\/p>\n In response to Healy's comments, a spokesperson for the DAA told Euronews: \"Dublin Airport is committed to reducing its direct emissions (Scope 1 and 2) by 51% by 2030, which aligns with the public sector targets set as part of the National Climate Action Plan, and ultimately towards achieving net zero carbon emissions by 2050 at the latest.\"<\/p>\n The group added: \"Dublin Airport\u2019s capital investment plan, together with the Infrastructure Application submitted to Fingal County Council in December 2023, identify a suite of projects that will provide sustainability benefits with investments totalling \u20ac400 million.\"<\/p>\n Technological improvements that could make flying more sustainable often target the type of fuel used in aircrafts.<\/p>\n Hydrogen-powered planes are one suggestion, although there are concerns about their suitability for long-distance routes.<\/p>\n Sourcing hydrogen in an environmentally-friendly way is also an issue, as some procedures used to create this gas emit a lot of CO2.<\/p>\n Sustainable aviation fuels (SAF), made from plant or animal materials, have similarly been floated as a means of making flying greener.<\/p>\n The Irish government noted this year that the SAF industry is \"still an an early stage of development, with limited production capacity\".<\/p>\n Dublin airport is actively engaged in discussions to lift the passenger cap, although it's highly likely this won't be resolved before next year.<\/p>\n Earlier this week, Ireland's Minister for Tourism said that the restriction wasn't an issue for politicians - but rather progress must be made through official planning routes.<\/p>\n Minister Catherine Martin added that there could be benefits of the cap, notably that it could bring a boost to airports outside of Dublin.<\/p>\n Kenny Jacobs contested this, stating: \"the whole notion that cap Dublin can prompt a move to the regions is simplistic, naive, and it doesn't reflect how the airlines work.\"<\/p>\n","hashtag":null,"createdAt":1727432505,"updatedAt":1728058109,"publishedAt":1727446931,"firstPublishedAt":1727446931,"lastPublishedAt":1728058109,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/75\/84\/48\/{{w}}x{{h}}_cmsv2_af2a0503-a8b2-5cf9-98da-72420f46085f-8758448.jpg","altText":"Aer Lingus Airbus A320 plane lands at Dublin airport, Ireland. 17 Jan. 2015.","caption":"Aer Lingus Airbus A320 plane lands at Dublin airport, Ireland. 17 Jan. 2015.","captionUrl":null,"captionCredit":"Peter Morrison\/AP","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":2886,"height":1622}],"authors":{"journalists":[{"id":2734,"urlSafeValue":"butler","title":"Eleanor Butler","twitter":"@eleanorfbutler"}],"producers":[],"videoEditor":[]},"keywords":[{"id":13028,"slug":"flight","urlSafeValue":"flight","title":"flight","titleRaw":"flight"},{"id":4755,"slug":"aer-lingus","urlSafeValue":"aer-lingus","title":"Aer 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technology"}],"widgets":[],"related":[{"id":2641148}],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"business","urlSafeValue":"business","title":"Business","online":0,"url":"https:\/\/www.euronews.com\/business\/business\/business"},"vertical":"business","verticals":[{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"}],"primaryVertical":{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"},"themes":[{"id":"business","urlSafeValue":"business","title":"Business","url":"\/business\/business"}],"primaryTheme":{"id":7,"urlSafeValue":"business","title":"Business"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":["84121001"],"slugs":["news"]}},"grapeshot":null,"versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/business\/2024\/09\/27\/economic-self-sabotage-irelands-green-party-and-daa-weigh-in-on-airport-passenger-cap","lastModified":1728058109},{"id":2633998,"cid":8742010,"versionId":1,"archive":0,"housenumber":"240918_ECSU_56544003","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"Ireland needs to build 52,000 homes a year until 2050","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Ireland needs 'tens of thousands' more homes annually to keep up with demand","titleSeo":null,"titleListing1":"Ireland needs 'tens of thousands' more homes to keep up with demand ","titleListing2":"Ireland urged to build tens of thousands more homes 'to meet demand' ","leadin":"Ireland's central bank says the housing market is struggling from a decade of under-supply and needs tens of thousands more homes to be built annually.","summary":"Ireland's central bank says the housing market is struggling from a decade of under-supply and needs tens of thousands more homes to be built annually.","keySentence":"","url":"ireland-needs-tens-of-thousands-more-homes-annually-to-keep-up-with-demand","canonical":"https:\/\/www.euronews.com\/business\/2024\/09\/19\/ireland-needs-tens-of-thousands-more-homes-annually-to-keep-up-with-demand","masterCms":"v2","plainText":"Ireland needs to build around 20,000 extra properties each year if it is to improve the country's national housing crisis, according to the Irish Central Bank's latest report.\n\nThe country, one of the countries within the EU with the most severe housing crisis, has eye-watering housing costs. In 2022, it was double the EU average.\u00a0\n\nThe situation is so grave that employers, including Ryanair, have started to take matters into their own hands by buying up property to rent to their employees.\n\nThe Irish housing market has been struggling with more than a decade of under-supply, according to the Irish Central Bank.\u00a0\n\nDuring the past 10 years, the population of Ireland has risen so much that three in four people cannot find available property to rent or buy. In many cases, the cost of property has made it unaffordable to the average worker. \n\nHome building spending rises but more is needed\n\nThe Irish government has raised spending on housing from an estimated \u20ac1bn to \u20ac6.5bn per year, so that its housing expenditure is now one of the highest in the European Union. \n\nThe government's plan, entitled \"Housing for All', promises to provide affordable housing for every citizen. So far, more than 30,000 dwellings have been built in 2022 and 2023, with the target being 33,000 for each year. \n\nThe target was met last year and the central bank recognises that the \"housing supply has increased meaningfully in recent years\".\n\nHowever, fuelled by high demand, house prices keep rising. The latest residential property price index showed a 9.6% jump in the 12 months to the end of July 2024, according to the Irish Central Statistics Office.\n\nWhat can be done? \u00a0\n\nThe central bank is calling for a rise in the annual target, explaining that the \"population growth has exceeded previous expectations in recent years\".\n\nIt finds that a \"pent-up\" demand has accumulated over the past decade and the population is expected to grow steadily over the next few decades. The bank suggests building 52,000 homes every year until the middle of the century if supply is to meet demand. \n\nThe central bank points out that meeting demand is not just about increasing the number of homes. It says the building sector's productivity needs to be improved, as \"the financial crisis has left long-lasting scars on it\". It says the sector is relying too much on small enterprises, and companies need to invest in equipment and adopt modern technologies. \n\nAccording to the analysis, the sector needs between \u20ac6.5bn and \u20ac7bn a year above and beyond current spending if it is to catch up with present and future housing requirements. \n\nThe bank accepts the cost is high but warns that a delay will be more costly to the economy in the long run.\n\nThe lack of housing and increased cost of living will end up costing more to business in Ireland and ultimately damage competitiveness and sustainable growth over the medium-term, the bank's report believes. \n\n","htmlText":" Ireland needs to build around 20,000 extra properties each year if it is to improve the country's national housing crisis, according to the Irish Central Bank's latest report.<\/p>\n The country, one of the countries within the EU with the most severe housing crisis, has eye-watering housing costs. In 2022, it was double the EU average.\u00a0<\/p>\n The situation is so grave that employers, including Ryanair, have started to take matters into their own hands by buying up property to rent to their employees.<\/p>\n The Irish housing market has been struggling with more than a decade of under-supply, according to the Irish Central Bank.\u00a0<\/p>\n During the past 10 years, the population of Ireland has risen so much that three in four people cannot find available property to rent or buy. In many cases, the cost of property has made it unaffordable to the average worker. <\/p>\n The Irish government has raised spending on housing from an estimated \u20ac1bn to \u20ac6.5bn per year, so that its housing expenditure is now one of the highest in the European Union. <\/p>\n The government's plan, entitled \"Housing for All', promises to provide affordable housing for every citizen. So far, more than 30,000 dwellings have been built in 2022 and 2023, with the target being 33,000 for each year. <\/p>\n The target was met last year and the central bank recognises that the \"housing supply has increased meaningfully in recent years\".<\/p>\n However, fuelled by high demand, house prices keep rising. The latest residential property price index showed a 9.6% jump in the 12 months to the end of July 2024, according to the Irish Central Statistics Office.<\/p>\n The central bank is calling for a rise in the annual target, explaining that the \"population growth has exceeded previous expectations in recent years\".<\/p>\n It finds that a \"pent-up\" demand has accumulated over the past decade and the population is expected to grow steadily over the next few decades. The bank suggests building 52,000 homes every year until the middle of the century if supply is to meet demand. <\/p>\n The central bank points out that meeting demand is not just about increasing the number of homes. It says the building sector's productivity needs to be improved, as \"the financial crisis has left long-lasting scars on it\". It says the sector is relying too much on small enterprises, and companies need to invest in equipment and adopt modern technologies. <\/p>\n According to the analysis, the sector needs between \u20ac6.5bn and \u20ac7bn a year above and beyond current spending if it is to catch up with present and future housing requirements. <\/p>\n The bank accepts the cost is high but warns that a delay will be more costly to the economy in the long run.<\/p>\n The lack of housing and increased cost of living will end up costing more to business in Ireland and ultimately damage competitiveness and sustainable growth over the medium-term, the bank's report believes. <\/p>\n","hashtag":null,"createdAt":1726659590,"updatedAt":1726727003,"publishedAt":1726721427,"firstPublishedAt":1726721427,"lastPublishedAt":1726721467,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/74\/20\/10\/{{w}}x{{h}}_cmsv2_36a4988b-7b4f-598a-9d27-a483e2726c5f-8742010.jpg","altText":"Galway city, Ireland","caption":"Galway city, Ireland","captionUrl":null,"captionCredit":"Canva","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1920,"height":1080}],"authors":{"journalists":[{"id":582,"urlSafeValue":"katanich","title":"Doloresz Katanich","twitter":"@doloreskatanich"}],"producers":[],"videoEditor":[]},"keywords":[{"id":29262,"slug":"housing-crisis","urlSafeValue":"housing-crisis","title":"housing crisis","titleRaw":"housing crisis"},{"id":7921,"slug":"housing-market","urlSafeValue":"housing-market","title":"Housing market","titleRaw":"Housing market"},{"id":156,"slug":"ireland","urlSafeValue":"ireland","title":"Ireland","titleRaw":"Ireland"},{"id":30008,"slug":"banque-centrale","urlSafeValue":"banque-centrale","title":"central bank","titleRaw":"central bank"},{"id":18370,"slug":"construction","urlSafeValue":"construction","title":"Construction","titleRaw":"Construction"}],"widgets":[{"slug":"related","count":1}],"related":[],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":null,"additionalReporting":null,"freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"economy","urlSafeValue":"economy","title":"Economy","online":0,"url":"https:\/\/www.euronews.com\/business\/economy\/economy"},"vertical":"business","verticals":[{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"}],"primaryVertical":{"id":11,"slug":"business","urlSafeValue":"business","title":"Business"},"themes":[{"id":"economy","urlSafeValue":"economy","title":"Economy","url":"\/business\/economy"}],"primaryTheme":{"id":72,"urlSafeValue":"economy","title":"Economy"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":[],"slugs":[]}},"grapeshot":"'gv_safe','gb_safe','gb_safe_from_high','gb_safe_from_high_med','pos_equinor','pos_facebook','pos_pmi','pos_ukraine-russia','pos_ukrainecrisis','gs_busfin','gs_realestate','gs_busfin_economy','gs_busfin_economy_housing','gs_home_property','gs_homegarden_remodeling','gs_realestate_rentlease','gt_negative'","versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/business\/2024\/09\/19\/ireland-needs-tens-of-thousands-more-homes-annually-to-keep-up-with-demand","lastModified":1726721467},{"id":2633848,"cid":8741592,"versionId":3,"archive":0,"housenumber":"240918_CMSU_56542639","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"Grandad, youth activist and toddler sue Irish government for breaching rights over climate inaction","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"Grandad, youth activist and toddler sue Irish government for breaching rights over climate inaction","titleSeo":null,"titleListing1":"Why are a grandad, activist and toddler suing the Irish government?","titleListing2":"Grandad, youth activist and toddler sue Irish government for breaching rights over climate inaction","leadin":"This is the first climate lawsuit in Ireland that tackles fundamental rights, following a landmark European Court of Human Rights ruling.","summary":"This is the first climate lawsuit in Ireland that tackles fundamental rights, following a landmark European Court of Human Rights ruling.","keySentence":"","url":"grandad-youth-activist-and-toddler-sue-irish-government-for-breaching-rights-over-climate-","canonical":"https:\/\/www.euronews.com\/green\/2024\/09\/18\/grandad-youth-activist-and-toddler-sue-irish-government-for-breaching-rights-over-climate-","masterCms":"v2","plainText":"A grandfather, a youth activist and a toddler are challenging the Irish government in court over inaction on the climate crisis.\n\nIn an intergenerational lawsuit filed last week, Irish community law centre Community Law & Mediation and three individual claimants say the government is breaking the law by failing to cut national emissions fast enough.\n\nThey want a declaration from the court that the Irish government is not complying with climate legislation and that its actions breach rights protected in the Irish constitution, the European Convention on Human Rights and the EU Charter of Fundamental Rights.\n\nIt is one of the first domestic cases to use a landmark judgment by the European Court of Human Rights earlier this year which determined that government inaction on climate change violates fundamental human rights.\n\nTaking action on behalf of vulnerable and marginalised communities\u00a0\n\nRose Wall, chief executive of Community Law & Mediation, says the lawsuit is being brought on behalf of communities that will be most affected by climate change but have the least opportunity to protect their rights.\u00a0\n\n\u201cWe know climate change poses a grave threat to human rights - that's been well documented - and its impacts are going to be felt more by vulnerable and marginalised groups,\u201d says Wall. \u201cCommunity Law & Mediation seeks to serve as a vehicle for collective recourse for these communities and future generations.\u201d\n\nThe group argues that Ireland\u2019s Climate Action Plan 2024 is not strong enough to comply with the national climate law and its carbon budgets. The latest figures from Ireland\u2019s Environmental Protection Agency show national greenhouse gas emissions at the lowest level in three decades, but still well short of national and EU climate goals for 2030.\n\nThe group also argues that the plan violates the fundamental rights of the three individual applicants, including their rights to life, dignity, health, equality and property as well as children\u2019s rights.\u00a0\n\n\u2018The situation is still there and still urgent\u2019\n\n21-year-old Saoi O\u2019Connor welcomed Community Law & Mediation\u2019s invitation to get involved in the case. \u201cI've been working on climate action since I was 16, mostly in Ireland, and banging my head against the wall,\u201d they say.\n\nInspired by Greta Thunberg, O\u2019Connor began a Fridays for Future strike in 2018, standing outside Cork City Hall each week for over a year. They have since spent a lot of time as an activist at international climate negotiations, addressing last year\u2019s COP28 talks in Dubai on behalf of young people.\n\n\u201cThe situation is still there and still urgent,\u201d they say. \u201cIn 2019, we were at the forefront of the public consciousness, and now we're not. I am open to literally anything to try and get them to do something, and this is something we haven\u2019t tried before.\u201d\n\nThe other two individual claimants are retired psychotherapist, climate activist and grandfather Philip Kearney and a toddler aged 20 months, who is represented by its mother and cannot be named.\n\nThis is the first climate lawsuit in Ireland that tackles fundamental rights, but not the only case that the Irish government is currently embroiled in.\n\nIn July 2020, the Irish Supreme Court issued a landmark judgment that Ireland\u2019s emission-cutting plans fell \u201cwell short\u201d of what was required to meet its climate commitments and must be replaced with a more ambitious strategy.\n\nBut although this decision resulted in the revision of Ireland\u2019s climate law, campaigners were unsatisfied and launched a second lawsuit last year, also represented by Community Law & Mediation.\n\nThe Irish government said it would be inappropriate to comment on a matter that is currently before the courts.\n\nAre climate issues best tackled by national or European courts?\n\nIreland also took a strong position in its responses to the first climate lawsuits at the European Court of Human Rights last year.\u00a0\n\nDuring public hearings in Strasbourg, it was adamant that questions raised in the case, brought by a group of older women against Switzerland, were matters for national policymakers and judiciaries. It warned the court not to not overstep its bounds.\n\nIreland also submitted a detailed addition to a joint state statement in another climate case brought by a group of Portuguese young people. It claimed that the risks of climate change are \"negligible in comparison to the environmental hazards of a modern city\", an attitude lawyers bringing the case described as \"bordering on climate denial\".\u00a0\n\n\u201cWe've been very good at talking the talk,\u201d says Wall, citing as an example the Irish parliament\u2019s declaration of a climate emergency in 2019. \u201cBut we are the second worst per capita in Europe in terms of emissions. Our actual track record is pretty poor and we\u2019re not heading in the right direction.\u201d\n\nShe says a declaration from the court that the government was not doing enough and that it was breaching its citizens\u2019 human rights would be a really powerful step \u201cnot just in terms of themselves, but in relation to all future climate policy\u201d.\n\n","htmlText":" A grandfather, a youth activist and a toddler are challenging the Irish government in court over inaction on the climate crisis.<\/p>\n In an intergenerational lawsuit filed last week, Irish community law centre Community Law & Mediation and three individual claimants say the government is breaking the law by failing to cut national emissions fast enough.<\/p>\n They want a declaration from the court that the Irish government is not complying with climate legislation and that its actions breach rights protected in the Irish constitution, the European Convention on Human Rights and the EU Charter of Fundamental Rights.<\/p>\n It is one of the first domestic cases to use a landmark judgment<\/strong><\/a> by the European Court of Human Rights earlier this year which determined that government inaction on climate change violates fundamental human rights.<\/p>\n Rose Wall, chief executive of Community Law & Mediation, says the lawsuit is being brought on behalf of communities<\/strong><\/a> that will be most affected by climate change but have the least opportunity to protect their rights.\u00a0<\/p>\n \u201cWe know climate change poses a grave threat to human rights<\/strong><\/a> - that's been well documented - and its impacts are going to be felt more by vulnerable and marginalised groups,\u201d says Wall. \u201cCommunity Law & Mediation seeks to serve as a vehicle for collective recourse for these communities and future generations.\u201d<\/p>\n The group argues that Ireland\u2019s <\/a>Climate Action Plan 2024 is not strong enough to comply with the national climate law and its carbon budgets. The latest figures from Ireland\u2019s Environmental Protection Agency show national greenhouse gas emissions at the lowest level<\/strong><\/a> in three decades, but still well short of national and EU climate goals for 2030.<\/p>\n The group also argues that the plan violates the fundamental rights of the three individual applicants, including their rights to life, dignity, health, equality and property as well as children\u2019s rights.\u00a0<\/p>\n 21-year-old Saoi O\u2019Connor welcomed Community Law & Mediation\u2019s invitation to get involved in the case. \u201cI've been working on climate action since I was 16, mostly in Ireland, and banging my head against the wall,\u201d they say.<\/p>\n Inspired by Greta Thunberg<\/strong><\/a>, O\u2019Connor began a Fridays for Future strike in 2018, standing outside Cork City Hall each week for over a year. They have since spent a lot of time as an activist at international climate negotiations, addressing last year\u2019s COP28 talks in Dubai on behalf of young people.<\/p>\n \u201cThe situation is still there and still urgent,\u201d they say. \u201cIn 2019, we were at the forefront of the public consciousness, and now we're not. I am open to literally anything to try and get them to do something, and this is something we haven\u2019t tried before.\u201d<\/p>\n The other two individual claimants are retired psychotherapist, climate activist and grandfather Philip Kearney and a toddler aged 20 months, who is represented by its mother and cannot be named.<\/p>\n This is the first climate lawsuit in Ireland<\/strong><\/a> that tackles fundamental rights, but not the only case that the Irish government is currently embroiled in.<\/p>\n In July 2020, the Irish Supreme Court issued a landmark judgment<\/strong><\/a> that Ireland\u2019s emission-cutting plans fell \u201cwell short\u201d of what was required to meet its climate commitments and must be replaced with a more ambitious strategy.<\/p>\n But although this decision resulted in the revision of Ireland\u2019s climate law, campaigners were unsatisfied and <\/a>launched a second lawsuit last year, also represented by Community Law & Mediation.<\/p>\n The Irish government said it would be inappropriate to comment on a matter that is currently before the courts.<\/p>\n Ireland also took a strong position in its responses to the first climate lawsuits at the European Court of Human Rights last year.\u00a0<\/p>\n During public hearings in Strasbourg, it was adamant that questions raised in the case, <\/a>brought by a group of older women against Switzerland<\/strong><\/a>, were matters for national policymakers and judiciaries. It warned the court not to not overstep its bounds.<\/p>\n Ireland also submitted a detailed addition to a joint state statement<\/strong><\/a> in <\/a>another climate case brought by a group of Portuguese young people<\/strong><\/a>. It claimed that the risks of climate change are \"negligible in comparison to the environmental hazards of a modern city\", an attitude lawyers bringing the case described as \"bordering on climate denial\".\u00a0<\/p>\n \u201cWe've been very good at talking the talk,\u201d says Wall, citing as an example the Irish parliament\u2019s declaration of a climate emergency in 2019. \u201cBut we are the second worst per capita in Europe in terms of emissions. Our actual track record is pretty poor and we\u2019re not heading in the right direction.\u201d<\/p>\n She says a declaration from the court that the government was not doing enough and that it was breaching its citizens\u2019 human rights would be a really powerful step \u201cnot just in terms of themselves, but in relation to all future climate policy\u201d.<\/p>\n","hashtag":null,"createdAt":1726650554,"updatedAt":1726659457,"publishedAt":1726635871,"firstPublishedAt":1726635871,"lastPublishedAt":1726655782,"expiresAt":0,"images":[{"url":"https:\/\/static.euronews.com\/articles\/stories\/08\/74\/15\/92\/{{w}}x{{h}}_cmsv2_defdb072-7070-52d3-93b0-46b2aa32bd01-8741592.jpg","altText":"Government buildings in Dublin, Ireland.","caption":"Government buildings in Dublin, Ireland.","captionUrl":null,"captionCredit":"Canva","sourceUrl":null,"sourceCredit":null,"callToActionUrl":null,"callToActionText":null,"width":1600,"height":900}],"authors":{"journalists":[],"producers":[],"videoEditor":[]},"keywords":[{"id":20218,"slug":"climate-crisis","urlSafeValue":"climate-crisis","title":"Climate crisis","titleRaw":"Climate crisis"},{"id":26448,"slug":"lawsuit","urlSafeValue":"lawsuit","title":"lawsuit","titleRaw":"lawsuit"},{"id":24346,"slug":"climate-activst","urlSafeValue":"climate-activst","title":"climate activst","titleRaw":"climate activst"},{"id":18664,"slug":"greenhouse-gas-emissions","urlSafeValue":"greenhouse-gas-emissions","title":"greenhouse gas emissions","titleRaw":"greenhouse gas emissions"},{"id":12087,"slug":"court","urlSafeValue":"court","title":"Court","titleRaw":"Court"},{"id":18836,"slug":"echr","urlSafeValue":"echr","title":"ECHR","titleRaw":"ECHR"}],"widgets":[{"slug":"related","count":3}],"related":[],"technicalTags":[],"externalPartners":[],"hasExternalVideo":0,"video":0,"videos":[],"liveStream":[{"startDate":0,"endDate":0}],"scribbleLiveId":0,"scribbleLiveRibbon":0,"isLiveCoverage":0,"sourceId":1,"sources":[],"externalSource":null,"additionalSources":"","additionalReporting":"Isabella Kaminski","freeField1":null,"freeField2":"","type":"normal","displayType":"default","program":{"id":"climate","urlSafeValue":"climate","title":"Climate","online":0,"url":"https:\/\/www.euronews.com\/green\/climate\/climate"},"vertical":"green","verticals":[{"id":8,"slug":"green","urlSafeValue":"green","title":"Green"}],"primaryVertical":{"id":8,"slug":"green","urlSafeValue":"green","title":"Green"},"themes":[{"id":"climate","urlSafeValue":"climate","title":"Climate","url":"\/green\/climate"}],"primaryTheme":{"id":34,"urlSafeValue":"climate","title":"Climate"},"advertising":0,"advertisingData":{"startDate":0,"endDate":0,"type":null,"slug":null,"title":null,"disclaimerLabelKey":null,"sponsor":null,"sponsorName":null,"sponsorUrl":null,"sponsorLogo":"","sponsorLogoReverse":"","isDfp":0},"geoLocation":{"lat":0,"lon":0},"location":1,"continent":{"id":104,"urlSafeValue":"europe","title":"Europe"},"country":{"id":156,"urlSafeValue":"ireland","title":"Ireland","url":"\/news\/europe\/ireland"},"town":[],"contextualSignals":{"doubleVerify":{"ids":[],"slugs":[]}},"grapeshot":"'gv_safe','gb_safe','gb_safe_from_high','gb_safe_from_high_med','gs_science','gt_negative'","versions":[],"programDeliverable":{"slug":"sujet","format":"default"},"showOpinionDisclaimer":0,"allViews":0,"allViewsMeta":{"pointOfView":[],"survey":[],"tweetId":0,"tweet2NdId":0,"displayOverlay":0},"storyTranslationMethod":[],"localisation":[],"path":"\/green\/2024\/09\/18\/grandad-youth-activist-and-toddler-sue-irish-government-for-breaching-rights-over-climate-","lastModified":1726655782},{"id":2630190,"cid":8728346,"versionId":2,"archive":0,"housenumber":"240913_EISU_56504171","owner":"euronews","isMagazine":0,"isBreakingNews":0,"daletEventName":"green_lava sustainable building material","channels":[{"id":1},{"id":2},{"id":3},{"id":4},{"id":5},{"id":10},{"id":12},{"id":14}],"status":2,"title":"From \u2018local threat to valuable resource\u2019: Could Iceland\u2019s lava be a sustainable building material?","titleSeo":null,"titleListing1":"Could lava be used as a sustainable building material in the future?","titleListing2":"From \u2018local threat to valuable resource\u2019: Could Iceland\u2019s lava be a sustainable building material?","leadin":"This Icelandic architect proposes harnessing lava flows to create building foundations.","summary":"This Icelandic architect proposes harnessing lava flows to create building foundations.","keySentence":"","url":"from-local-threat-to-valuable-resource-could-icelands-lava-be-a-sustainable-building-mater","canonical":"https:\/\/www.euronews.com\/green\/2024\/09\/13\/from-local-threat-to-valuable-resource-could-icelands-lava-be-a-sustainable-building-mater","masterCms":"v2","plainText":"An architecture studio in Iceland is proposing the use of lava as a building material.\u00a0\n\nArnhildur P\u00e1lmad\u00f3ttir of s.ap architects is presenting her project Lavaforming at the Venice Architecture Biennale next year.\u00a0\n\nHer team, which specialises in sustainability and circularity in construction, is exploring how to turn the volcanic substance into a sustainable structural material.\u00a0\n\nP\u00e1lmad\u00f3ttir sees the process as a way to turn a \u201clocal threat\u201d into a \u201cvaluable resource\u201d.\n\nLava can become \u2018a resource that addresses a global emergency\u2019\n\nLavaforming will feature in Iceland\u2019s national pavilion at the 19th International Architecture Exhibition in Venice next year.\u00a0\n\nThe project is a \u201cproposal on how the brutal force of lava can be turned into a valuable resource, capable of lowering atmospheric emissions through its future use as a sustainable building material,\u201d P\u00e1lmad\u00f3ttir says.\u00a0\n\nThe architect observed how Iceland\u2019s exceptional geological location on a rift between two tectonic plates causes frequent seismic activity including the creation of extensive lava fields.\u00a0\n\nThroughout history, the island\u2019s volcanic activity has been perceived as a local disturbance and a threat to communities.\n\nInstead, P\u00e1lmad\u00f3ttir, who is nominated for the 2024 Nordic Council's Environmental Award for interdisciplinary collaboration in architecture and her focus on recyclable building materials, wants to transform lava into \u201ca resource that addresses a global emergency\u201d.\n\n\u201cIn our story, placed in 2150, we have harnessed the lava flow, just as we did with geothermal energy 200 years earlier in Iceland,\u201d says P\u00e1lmad\u00f3ttir.\u00a0\n\n\"The main goal of Lavaforming is to show that architecture can be the force that rethinks and shapes a new future with sustainability, innovation and creative thinking.\u201d\u00a0\n\n\u2018A lava flow can create the foundation for an entire city\u2019\n\nThe project presented at the Biennale is still a theoretical proposal, but P\u00e1lmad\u00f3ttir has an ambitious vision for the volcanic resource.\n\n\u201cA lava flow can contain enough building material for the foundations of an entire city to rise in a matter of weeks without harmful mining and non-renewable energy generation,\u201d the architect says.\u00a0\n\n\u201cThe theme is both a proposal and a metaphor - architecture is in a paradigm shift, and many of our current methods have been deemed obsolete or harmful in the long term.\u00a0\n\n\u201cIn our current predicament we need to be bold, think in new ways, look at challenges, and find the right resources.\u201d\n\n","htmlText":" An architecture studio in Iceland is proposing the use of lava as a building material.\u00a0<\/p>\n Arnhildur P\u00e1lmad\u00f3ttir of s.ap architects is presenting her project Lavaforming at the Venice Architecture Biennale next year.\u00a0<\/p>\n Her team, which specialises in sustainability and circularity in construction, is exploring how to turn the volcanic substance into a sustainable structural material.\u00a0<\/p>\n P\u00e1lmad\u00f3ttir sees the process as a way to turn a \u201clocal threat\u201d into a \u201cvaluable resource\u201d.<\/p>\n Lavaforming will feature in Iceland\u2019s national pavilion at the 19th International Architecture Exhibition in Venice next year.\u00a0<\/p>\n The project is a \u201cproposal on how the brutal force of lava can be turned into a valuable resource, capable of lowering atmospheric emissions through its future use as a sustainable building material,\u201d P\u00e1lmad\u00f3ttir says.\u00a0<\/p>\n The architect observed how Iceland\u2019s exceptional geological location on a rift between two tectonic plates causes frequent seismic activity<\/strong><\/a> including the creation of extensive lava fields<\/strong><\/a>.\u00a0<\/p>\n Throughout history, the island\u2019s volcanic activity has been perceived as a local disturbance and a threat to communities.<\/p>\n Instead, P\u00e1lmad\u00f3ttir, who is nominated for the 2024 Nordic Council's Environmental Award for interdisciplinary collaboration in architecture and her focus on recyclable building materials, wants to transform lava into \u201ca resource that addresses a global emergency\u201d.<\/p>\n\n
What is co-operative housing?<\/strong><\/h2>
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Why the Irish economy is so exposed to the US economic agenda?<\/strong><\/h2>
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Microsoft investment could boost Ireland's AI development<\/h2>
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Neutral, but vulnerable<\/strong><\/h2>
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Home building spending rises but more is needed<\/h2>
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What can be done?<\/strong><\/h2>
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Taking action on behalf of vulnerable and marginalised communities<\/h2>
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\u2018The situation is still there and still urgent\u2019<\/h2>
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Are climate issues best tackled by national or European courts?<\/h2>
Lava can become \u2018a resource that addresses a global emergency\u2019<\/h2>
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