{"id":530721,"date":"2026-07-03T07:42:06","date_gmt":"2026-07-03T07:42:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/530721\/"},"modified":"2026-07-03T07:42:06","modified_gmt":"2026-07-03T07:42:06","slug":"irish-gdp-revision-and-michael-oleary-on-the-next-decade-of-ryanair-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/530721\/","title":{"rendered":"Irish GDP revision and Michael O\u2019Leary on the next decade of Ryanair \u2013 The Irish Times"},"content":{"rendered":"

\u2018Leprechaun economics\u2019 may have been a gross oversimplification of the Irish economy when Paul Krugman coined the term a decade ago, but few can argue with the absurdity of using GDP to measure Ireland\u2019s economy given the impact multinationals have on that number. Still, it is true that for many analysts outside the country GDP remains the favoured shorthand, even if the Irish Government itself along with the Central Statistics Office say the figure is not useful. So to that end the revised GDP figure for the first quarter of the year – it contracted 7.1 per cent<\/a> compared to the 12 per cent originally estimated – remains a staggering one and will no doubt impact EU GDP data overall. Eoin Burke-Kennedy has the story. <\/p>\n

In the interview of the week, Ryanair boss Michael O\u2019Leary<\/a> speaks to Barry O\u2019Halloran about his plans for the airline, and where he sees it in a decade\u2019s time. <\/p>\n

Smoking may be broadly in decline for years, but nicotine consumption continues. In Agenda<\/a>, Mark Paul looks at how the tobacco industry has switched focus to the likes of vaping and nicotine pouches. Is it really cleaning up its act?<\/p>\n

BDO UK and BDO Ireland are on track to complete their merger<\/a> this weekend, with the combined firm planning to double the size of its workforce in the Republic to more than 1,100 over the next five years, according to senior partners. Joe Brennan reports. <\/p>\n

Peter\u2019s Pub<\/a>, one of Dublin\u2019s best-known venues, returned to profit the year it was acquired by the O\u2019Malley family. As Killian Woods reports, it comes after the pub was acquired for a reported \u20ac5 million in July 2025 by the family behind the O\u2019Malley Pub Group, who own Dublin venues including The Yacht in Clontarf, Fagan\u2019s in Drumcondra and The Old Stand on Exchequer Street.<\/p>\n

Dublin\u2019s Craic Den<\/a> comedy club will move to a new, permanent home later this year after its operators successfully applied to turn the former Token arcade bar on Queen Street in Dublin 7 into a purpose-built comedy theatre operating seven nights a week. Ian Curran has the story. <\/p>\n

National Asset Management Agency (Nama)chief executive Brendan McDonaghsaid on Thursday he still does not know<\/a> what role he will go back to in the National Treasury Management Agency, even though it is only weeks before his organisation is wound down. Joe Brennan watched the hearing. <\/p>\n

If you\u2019d like to read more about the issues that affect your finances try signing up to On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"\u2018Leprechaun economics\u2019 may have been a gross oversimplification of the Irish economy when Paul Krugman coined the term…\n","protected":false},"author":2,"featured_media":530722,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,8319,113,61,60],"class_list":["post-530721","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-business-today","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/530721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=530721"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/530721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/530722"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=530721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=530721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=530721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}