March 6 200813AdvertiserBusinessTaylor8217s Hill, GalwayrequiresSenior ReceptionistHotel exp essential. Fluent English. Portfolio exp an advantage.Fulltime Bar StaffFood and Beverage Service for busy hotel & function BarsBar ManagerPrevious hotel experience essential.
People person with strong management skills.
Reply with CV to Pauline Mc Namara, The Ardilaun Hotel,
Taylor8217s Hill, Galway or email pmcnamara@theardilaunhotel.ie
Apply online at www.theardilaunhotel.ieOranmore Lodge Hotel
Conference & Leisure Centre
Galway7kms from city centre
invites applications for the following position:-2nd CHEF/SOUS CHEFReporting to the Executive Head Chef this person
will become a member of a team that aspires towards
excellence in food production for 2 restaurants, banqueting
for 250 and a busy bar food operation. Applicants must have:8226 Anationally recognised chef qualification
8226 At least 5 years experience working as a Chef de Partie or
8226 Have worked at Junior Sous Chef level
8226 Be eligible to work in Ireland
Applications in writing to Mary O8217Higgins,
H.R.Manager or email maryohiggins2@eircom.netEXCITING SALES
& MARKETING
OPPORTUNITIESExcellent rewards.
Career advancement for the more
ambitious. Full training provided.
Over 18s and full time only.
Call SARAHon 091865841 or text
8220TODAY8221 and your name to 0851798135.Office Administrator
/ ReceptionistRequired for busy office outside Tuam.
Duties will include admin, accounts &
marketing support and reception.
Will suit PC literate, enthusiastic and
motivated individual looking to learn
new skills and advance his / her career.Please forward CVto Box No. 98 AAll applications will be treated in
the strictest confidenceFULL TIME / PART TIME
SALES STAFFrequiredRetail Experience Desirable
Apply to:
June Conroy
6/7 High St
Galway
jconroy@kilkennygroup.comKelehans
of BushyparkRequireB
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g
S
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fFluent English & experience essentialTel: 0
877
2
888
5
5
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2OFFICE ADMINISTRATORrequired for Property Management Company.
Permanent Position 8211 Galway City.
For Reception, General Office
and Management Duties.
The ideal candidate would have some knowledge of
General Office Management, Accounts, Property
Management and have Basic French.
They need to be enthusiastic and be able to
work on their own initiative.If interested,call 087 2594943
or email to pml3@eircom.netAtemporary vacancy exists in Harold Engineering Ltd for Reception / General Office
AdministrationThis position is for immediate start (Maternity Cover)Duties to Include:
8226 Reception
8226 Telephone
8226 Sales AdministrationPlease reply in writing only enclosing your current CV to:
Harold Engineering Ltd, Unit 12 Westlink Business Park,
Oranmore, Co. Galway
Email: galway@haroldeng.ieneeds cheerful, enthusiastic part-timePHARMACYSALES ASSISTANT
(experience essential)
Apply with CVtoThe Manager, Howard8217s Pharmacy, An
Fuaran, Moycullen, Co Galway (091) 868955HOWARD8217SPHARMACYMOYCULLEN57391573925740057378574255742557421574345734557418574235734557429574175741457345574285742957427574185741257429574145742857429573455741257424574235753457413574145742357412574145734557429574245737157345
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57370
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57411574145741357427574245742457422574285735757345574105742557425574215741857410574235741257414574285735757345575355742457424574275741857423574165734557410574235741357345
5741357414574125742057418574235741657345574245742357345574135741857428574255742157410574345734557410574235741357345574185742357358574285742957424574125742057359573455734557477573455734557362573455743457414574105742757428573455742757414574215741057429574185743157414573455742557427574145743157418574245743057428573455741457433574255741457427574185741457423574125741457345574105734557345
5741357418574285742957418574235741257429573455741057413574315741057423574295741057416574145739657410574215741457428573455739557414574255742757414574285741457423574295741057429574185743157414573455735857345573845741057421574325741057434Deli Supervisor8226 Our Centra Deli/Hot Food & in store Bakery requires an experienced Deli Supervisor to manage this
busy and growing department.
8226 The ability to produce and present a varied Menu of both hot and cold dishes - portion control -
compliance with HACCP andFood Hygiene regulations - in addition to achieving Sales and Margin
targets are a pre requisite for the position.
8226 In return,as part of the Centra Group,you will be joining one of Ireland8217s fastest growing
independetly owned stores.
8226 This is an exciting opportunity for an individual who can work on their own initiative,with minimum
supervision and who has long term ambitions to work in a satisfying and rewarding business.
Excellent salary,career prospects and working conditions will apply to the successful applicant.Please forward your CV and full details to:Colm Byrne
Centra,Castlegar,Galway
On of before Friday March 20th
email: murphycastlegar@centra.ieBY MARIE FINNEGAN
LECTURER INECONOMICS IN GMITIn the past year, the euro has
climbed 15 per cent against the
US dollar, reaching an all-time
high on Monday when it traded
at euro/USD as 1.5272. One
euro, in other words, will now
get you one dollar and 52 cents.
One of the key factors driving
exchanges rates at the moment
is the expected interest rate
differential. If investors expect
interest rates in a particular
jurisdiction to rise, they will buy
interest bearing assets in that
currency in order to capitalise
on those rate rises. That
demand in turn pushes up the
price of the currency. At the
moment, no matter how you
look at it, interest rate
differentials favour the euro
over the dollar.
Interest rate expectations in
Europe are flat with a very small
downside bias. The European
Central Bank has kept official
rates steady at four per cent
since last June, just before the
crisis took hold in financial
markets. The governing council
of the bank is due to meet today
and it is likely to continue with
this no change policy for three
reasons.
First, headline inflation: The
ECB is mandated to deliver one
objective and one objective
only: price stability. This the
bank defines as inflation at or
below two per cent over the
medium term. Right now,
inflation is running above this
target, hitting 3.2 per cent in
February according to figures
published on Monday. Indeed,
one Governing Council member
Axel Weber reiterated last week
that market expectations of a
rate cut ignore the dangers of
higher inflation.
Second, inflationary
pressures. The ECB is
concerned that record oil and
food prices will feed into future
inflation. Recent developments
are worrying from this point of
view. On Monday, oil traded at
record highs while the price of
wheat jumped by 25 per cent in
just one day last week.
Third, inflation expectations.
The ECB is concerned that
trade unions across Europe will
demand higher wage growth to
compensate for high inflation if
they expect prices to
accelerate. This could then feed
into firms8217 pricing policies and
kick off a vicious cycle of
inflation. The ECB has said
consistently that it is worried
that higher inflation
expectations will feed into actual
inflation.
So while there8217s little chance
of an interest rate cut in Europe,
interest rate expectations in the
US carry a downside risk. The
US Central Bank has responded
to the slowing US economy by
cutting interest rates no less
than five times since
September, to a current level of
three per cent.
The Chair of the Federal
Reserve, Ben Bernanke,
signalled more interest rate
cuts last week when he testified
before Congress. He said that
the Fed will act in 8220a timely
manner to provide adequate
insurance against downside
risks (to economic growth)8221.
The Fed, unlike the ECB, has a
dual mandate, and seeks
sustainable economic growth
alongside price stability.
Currently, US markets expect
interest rates there to fall below
two per cent by the end of the
year.
Interest rates expectations
are likely to dominate the
exchange rate story over the
coming weeks and the markets
will be on the lookout for any
signals of future ECB rate cuts
during the press conference
this afternoon. Any clues of a
softening on their hawkish
stance would be welcomed by
businesses and mortgage
holders alike.ECB to leave interest
rates unchangedMarie FinneganPurcell Marine, Clarenbridge, Co GalwayHave a vacancy for Retail/Accounts person who will be involved in the
running of a busy seasonal office. The successful candidate will have
experience in accounts together with organisational skills and excellent
customer service. Boating or retail experience an advantage.
May suit a person wishing to work part time.
Reply with CVto above
purcellmarine@eircom.net
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