Monday 11 December 2017

Week 40: Donohoe treads fine line on first Budget

Minister for Finance Paschal Donohoe. Photo: Gareth Chaney, Collins
Minister for Finance Paschal Donohoe. Photo: Gareth Chaney, Collins
Ellie Donnelly

Ellie Donnelly

All eyes this week will be on Finance Minister Paschal Donohoe's first Budget which takes place tomorrow.

Mr Donohoe is endeavouring to produce a balanced Budget against a backdrop of a considerable list of demands.

Other events on the domestic front include the release of the household travel survey for the three months to June 30, released on Wednesday, and the vehicle registration statistics for September, also being released on Wednesday.

In a busy week for reports from the Central Statistics Office, the consumer price index will be published on Thursday, while the latest trade statistics will be released on Friday.

Internationally, European Union chief Brexit negotiator Michel Barnier and his UK counterpart David Davis embark on the fifth round of talks on Britain's exit from the EU today.

Meanwhile, consumer products company Procter and Gamble will hold its annual meeting tomorrow. Shareholders will be asked to vote on a contentious proxy battle, as billionaire investor Nelson Peltz attempts to win a board seat. P&G has opposed the move. (Additional reporting, Bloomberg.)

Irish Independent

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