Opening Bell: EU prepares its Spring Forecast, government talks and the economy, Clinton and Blair's Brexit intervention

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The European Commission will publish its spring economic forecast later today, it will outline is expected growth, inflation, and budget deficit figures.

Speaking yesterday, ECB president Mario Draghi said that he believes that low-interest rates will improve investment levels.

He said that loose policies are "not the problem, but a symptom of an underlying problem" and that this has been caused by a "global excess of savings."


A leading economist has warned a second election would have a negative impact on the Irish economy.

Eoin Fahy, Chief Economist with Kleinwort Benson Investors, says further political uncertainty would damage the confidence of the international business community in Ireland.

However, he says if a minority Government is formed in the coming weeks there is no major threat to the country's finances:


Former US President Bill Clinton, and ex-British Prime Minister Tony Blair are due to join forces to campaign for a 'Stay' vote in the upcoming Brexit referendum according to reports in The Times (London).

The newspaper also reports that some senior politicians in the 'Britain Stronger in Europe' group have wanted to limit Mr Blair's role in the campaign.

There was mixed reaction in the UK when US President Barrack Obama intervened in the debate - with some polls showing an increase in support for the 'out' side after his visit to the UK.

Mr Clinton is only trusted by 14% of British voters according to research by YouGov.


An Independent TD is encouraging industrial unrest within the public transport sector.

Joan Collins said SIPTU should be rallying their members in Irish Rail and Dublin Bus for strike action in response to the Luas workers' industrial action.

Luas drivers will go ahead with a work stoppage tomorrow, as part of a series of rolling strikes over pay hikes.