Ireland's economy will grow by about 5% this year, before slowing down to 4% in 2008, according to the annual report by the country's central bank
Agence France-Presse:
"This level of growth remains favorable by comparison with other economies with broadly similar levels of incomes," said bank chief John Hurley, reporting the growth rate in GDP terms.
Hurley said data for the early part of this year suggests that growth was probably in excess of these levels but more moderate consumer spending and a fall in house building would act to reduce growth later this year and next year.
According to official figures from the Central Statistics Office (CSO) Ireland's economy grew by 5.7% last year in GDP terms and by 6.5% in gross national product (GNP) terms. Gross National Product is the more favored Irish growth measurement. It is regarded as a more accurate barometer of the country's economic performance since it strips out substantial profits repatriated by foreign investors.
Central Bank still sees 'soft landing'
Worst over on inflation - economist
posted by Diarmid @ 9:37 AM
9 comments
9 Comments:
Hey Diarmid, I left a comment this morning (see https://www.blogger.com/comment.g?blogID=9610892&postID=1181740818849244007). As I am the first person in three years to do this on your painfully one-eyed site you may not have noticed.
Ireland (North and South) is moving on and you are an idiotic dinosaur.
Re: the economy. As you live in the states you won't have noticed the pain my friends are going through with the collapsing housing market in Dublin. Come over for a visit and your Irish rose tinted specs might just steam up.
Michael
In fact why don't you just put a link to the Irish News which is where most of your shite comes from.
30,000 building jobs to go - report
http://www.rte.ie/business/2007/0713/economy.html Test
Economic downturn predicted
http://www.rte.ie/news/2007/0703/economy.html
Just a couple of levellers for old rose tints
In fact why don't you just put a link to the Irish News which is where most of your shite comes from
So you apparently have a problem with the Irish News as well?
I have a problem any news source that is so obviously biased it distorts the truth. The Irish News is just the nationalist version of the loyalist Belfast Newsletter. Anyway, the real problem I have is with narrow minded fools like you “from both sides of the community”, as they like to say here.
Why don't you come for a visit and broaden your mind. They are holding an expo on the east coast of the US to encourage plastic paddies like you to visit:
http://www.rte.ie/news/2007/0726/north.html
As someone who was born in Ireland I don't like being called a "plastic paddy". The reality that you don't want to accept is that the Nationalists are the indigenous population of Ireland while the Unionists are British colonists who have no business being in the Six Counties.
So who are the indigenous population of the country you occupy now (and how are you treating them)?
Michael (beem busy moving back to new Ireland)
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