Irish Times Inside Business

The imposing acronym CCCTB could spell serious trouble for the Irish economy according to the Economic and Social Research Institute. Bottom line: the proposed European Common Consolidated Corporate Tax Base could wipe 1.5 per cent off economic output. On today's Inside Business podcast, Mark Paul goes into the details of the ERSI's report. Economist Jim Power says it is time we accepted the inevitability of more equitable corporate tax rates and faced up to the challenges this will pose our unique situation, while Suzanne Lynch in Brussels says CCCTB is not yet cause for panic.Mark, Jim and Suzanne also discuss the plight of Italian banks which some fear could plunge the EU into a new banking crisis in 2017, and take another look at the goings-on in Independent News and Media's boardroom after Monday's EGM bun-fight between board and shareholders over pensions. In part two: $69 transatlantic flights? At that price point you might be forgiven for ignoring the fine details, and Norwegian Air's plan to launch t