Euro

Irish tourism and small exporters face into sterling storm

Irish firms exporting into Britain and tourism visitor numbers are the most vulnerable to a full-blown sterling crisis. The British currency plunged for a second day as financial markets questioned the economic credibility of the new British government led by Prime Minister Liz Truss which last week cut personal taxes and reversed planned tax rises …

Irish tourism and small exporters face into sterling storm Read More »

‘Silver lining’ for Irish tourism despite euro sliding to $1 parity against dollar

There is “a silver lining” from the euro reaching parity against the dollar because US tourists will have more to spend vacationing in Ireland this summer, the head of the Irish tourism confederation has said. Eoghan O’Meara Walsh, chief executive of the Irish Tourism Industry Confederation, or ITIC, said that the fall in the euro …

‘Silver lining’ for Irish tourism despite euro sliding to $1 parity against dollar Read More »