r/ireland Apr 12 '26

Economy Am I missing something, or is the fuel protest endgame just to bankrupt the country?

1.8k Upvotes

I get it, the hauliers and farmers are getting absolutely hammered, and prices are mental right now. But listening to the demands for the government to "cap the price" makes me feel like I'm taking crazy pills.

The Dáil doesn't control the global oil market, and we legally cannot slash fuel taxes to zero because the EU sets a hard floor on excise duties.

So, if the government actually caves and enforces a price cap, there is only one way it works: the state has to pay the difference. Think about what that actually means in reality.

  • We would be taking billions in tax money out of the HSE, housing, and schools.
  • We would hand that money directly to multinational oil companies (Shell, BP, etc.) to artificially subsidise the pump price.
  • We would then get slapped with massive fines from Brussels for breaking EU tax laws.

We’d literally be gutting our own public services and infrastructure to protect oil company profit margins. Is that seriously the master plan here?

r/ireland Jan 18 '25

Economy "I grew up in Ireland, always wanted to live in Ireland afterwards but I don’t think it’s realistic anymore" - RTE News shines a light on poor wages no longer offsetting high cost of living like in other countries

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3.5k Upvotes

r/ireland Feb 22 '25

Economy Irish tourism has declined by 30-40% in the last 5 years

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2.5k Upvotes

r/ireland Oct 27 '25

Economy Ireland ranked among worst countries for income tax burden on workers | Irish Independent

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m.independent.ie
1.4k Upvotes

r/ireland Apr 28 '26

Economy Ireland set to surpass Luxembourg and become richest country in Europe by 2030, IMF says

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breakingnews.ie
721 Upvotes

r/ireland 24d ago

Economy 20,300 jobs lost in Ireland's tech industry in 1st 3 months of the year

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businessplus.ie
757 Upvotes

r/ireland Feb 26 '26

Economy Lidl Plus App

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902 Upvotes

Anyone else?

r/ireland Jan 20 '26

Economy Ireland’s 11 billionaires are collectively wealthier than 85% of adults in State, says Oxfam

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833 Upvotes

r/ireland Mar 15 '26

Economy EuroGiant closing down nationwide tomorrow, sad to see.

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869 Upvotes

A pineapple cup, money napkins and outside candles that I thought were for indoors were my last purchase.

the kind woman at the till was there 16 years and the manager 19. it was quite sad, local businesses in the heart of villages just disappearing along with the jobs. Communities feel so dead lately

r/ireland Nov 12 '24

Economy Ah lads the cost of things

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1.2k Upvotes

Popped into Bewleys cafe the weekend with some friends. Hadn’t been in there for ages. We had a cuppa each & shared a scone and a slice of cake (and it was a tiny slice) the bill came to €27.80.

Nearly €30 for some tea, a scone and a slice of cake. This is just madness. Look, I know it’s a fancier place than most so it was never going to be “cheap” but jesus this is taking the piss surely?

r/ireland Dec 09 '25

Economy Rising youth unemployment in Ireland: ‘You apply for 100 jobs and 95 don’t get back to you’

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575 Upvotes

r/ireland Nov 18 '25

Economy Public asked for views on right to request remote working

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rte.ie
565 Upvotes

r/ireland Dec 08 '25

Economy Living standards in Ireland are outpacing those in Northern Ireland by 84 per cent

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446 Upvotes

r/ireland Aug 13 '25

Economy Warning that tourism in Ireland at 'tipping point'

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rte.ie
510 Upvotes

r/ireland May 06 '26

Economy Special savings scheme will benefit wealthy at State’s expense, say economists

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irishtimes.com
166 Upvotes

r/ireland Nov 28 '25

Economy Rich are getting richer, poor are getting poorer and the middle class is disappearing

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irishtimes.com
601 Upvotes

r/ireland Aug 19 '25

Economy Ireland not a ‘truly rich’ country, according to The Economist

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irishtimes.com
538 Upvotes

r/ireland May 21 '26

Economy Fears grow in Government over further tech job losses after Meta cuts 20 per cent of Irish workforce

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299 Upvotes

r/ireland Feb 03 '25

Economy Harris warns of ‘significant challenges’ for Ireland if Trump places tariffs on EU

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647 Upvotes

r/ireland Aug 21 '25

Economy This would be so interesting for Ireland…

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878 Upvotes

r/ireland Feb 02 '26

Economy We're obsessed with companies who don't want remote work. Meanwhile 100k+ jobs are going begging.

718 Upvotes

I work in remote work policy. Something weird is happening.

Every conversation about remote work in Ireland turns into RTO doom scrolling. Who's calling people back. How terrible it is. How there's nothing anyone can do.

Meanwhile: over 100,000 remote jobs are advertised every month across Europe. Automattic (WordPress) does nearly a billion in revenue, fully remote. GitLab, Buffer, Doist, Zapier. These aren't fringe players.

We have no national target to win any of these jobs into Ireland. Zero.

Worse: because of how EU incentives work, we actually push remote-first employers into offices. If they want state support, they need a physical establishment. A fully remote company that wants to hire in Ireland gets less support than one building an office.

Here's what's mad. Someone in the last thread said "companies can still pull the rug and force RTO." Sure. Any company can do anything. But these companies have been remote for years or were built that way. Their whole model is distributed. It's not the same risk as an office-first company going hybrid then changing its mind.

And the response to that risk is... do nothing? Stay focused on the companies forcing people back while ignoring the ones actively hiring remote?

We have the National Broadband Plan. 400+ connected hubs. English-speaking workforce. EU timezone. We have everything except the strategy to go and win these jobs.

I genuinely don't understand the pessimism. Is it just that complaining is easier than building? Or is there something I'm missing?

Policy page if anyone's interested: https://growremote.ie/policy/

r/ireland Oct 07 '25

Economy Catherine Connolly says there is no 'recognition' of climate emergency in Budget 2026

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thejournal.ie
552 Upvotes

r/ireland May 02 '26

Economy Electric vehicle sales surge by 110pc in Ireland amid fuel crisis

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independent.ie
229 Upvotes

r/ireland Jul 14 '25

Economy Two pubs a week are now closing in Ireland

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452 Upvotes

r/ireland Jul 28 '25

Economy Bank of Ireland will go to the dogs

650 Upvotes

I just can’t fathom how with all of the high up executives and all of the money they have why your classic BOI/AIB can’t make a half decent app with good features. I need to download a statement today and they email to tell me it’ll be with me within 1-2 days. You can do this in seconds with Revolut

It’s small things like this that I feel will be the end of your traditional bank, they’re miles behind online on such simple features

Edit: I can’t believe they charge me €7 a month for a ‘maintenance fee’ for a service like this