SBP editorial: The recovery is remarkable - but it’s still fragile

7th January, 2018
Martin Shanahan, chief executive of the IDA

IDA Ireland, the state’s inward investment agency, last week announced that employment at foreign-owned companies reached 210,433 at the end of 2017, surpassing the agency’s five-year target of 209,000 two years ahead of schedule.

IDA-backed companies created 19,851 jobs last year, and after job losses are factored into the calculations, the net number of new jobs created by IDA companies was 10,684.

Enterprise Ireland, meanwhile, also delivered its end of year review. Indigenous companies supported by...

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