COMMENT: Growth returns but only slowly
The economy has crept out of recession according to the latest figures. But the big question is whether it can now gather momentum, writes Cliff Taylor.
The good news is that Ireland is out of recession. The bad news is that the turnaround shown in the second quarter figures is pretty anaemic, with GDP growth of just 0.4 per cent in the second quarter and the level of economic activity running well below 2012 in the first half of this year.
These figures leave the Budget numbers on a bit of a knife-edge - they do not give clear evidence of a pick...
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