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Business Today |
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Thursday, 14 May, 2026 | | |
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Editor's Note |
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Good morning, reader |
Ireland’s national debt, which was only €30 billion when the National Treasury Management Agency was formed 35 years ago could hit a quarter of a trillion euro by the 2030, the agency’s head will tell the Committee of Public Accounts today – and the days of the State borrowing cheaply are now over. Martin Wall has the details.
It comes as AIB chief economist David McNamara says inflation this year could hit 7 per cent if the blockade of the Strait of Hormuz continues. He speaks to Eoin Burke-Kennedy.
Meanwhile, in what is some better news in relative terms, the rate of house price growth fell in March to 6.5 per cent – and to just 5.7 per cent in Dublin, its lowest in over two years. Colin Gleeson goes through the numbers.
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Dominic Coyle |
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