‘Topics’ – Media Round Up – Week 47/2013

  • ‘Topics’ – Media Round Up – week ending 24 November 2013

Welcome!

Welcome to our “Weekly Round Up” – our complimentary summary of this week’s financial news. This publication includes my own commentary and index of links to articles, allowing you to scan over and tune into what’s important to you.

We welcome feedback, and you can do this using the article comment feature on the website.

Also, check out our new (free) Monthly Topics newsletter on our new website.

Keep in touch.

Dermot.

Commentary

The week’s news would seem to indicator that the Irish & Global economies continue to show signs of growth with most European and US stock markets now returning weekly upward trends.  Taxation news is the reminder that the 27th November is the deadline for filing of the 2014 Local Property Tax return and the Revenue’s confirmation that the filing date of self-assessed personal tax returns will remain the same for 2014 (Mid. November).

Irish Economy

  • EY cuts Irish growth forecast for this year and next year. Read more
  • State set for €1.8bn BoI payout: Sunday Business Post 24 Nov.
  • Used car market in Ireland is buoyant: Sunday Business Post Moneyplus

Taxation

  • Department says no change to pay-and-file deadline for 2014. Read more
  • Ireland has most efficient business tax system in EU. Read more
  • Homeowners running out of time to file property tax: Sunday Business Post 24 Nov.

Banking / Credit

  • SEPA set to change the eurozone: Sunday Business Post 24 Nov.

Property

  • 27 November is deadline for filing online 2014 Local Property tax (LPT) return

Global Economy

  • Euro zone business recovery weakens unexpectedly. Read more
  • Greece sees higher budget surplus, still at odds with lenders. Read more
  • Bank of Japan keeps massive stimulus, rosy economic outlook. Read more
  • German business morale surges to highest level in one and a half years. Read more

Stock Markets

  • Dow Jones ends above 16,000 for first time. Read more
  • Stocks edge forward on rising confidence. Irish Times Business 23 Nov.
  • Dublin Iseq gained 0.2%
  • London FTSE 100 slid 0.1%
  • Germany’s Dax gaining 0.3%
  • US S&P 500 on seventh weekly advance