Corporate debt hampers economic recovery

While there are positives in the economy, the bank lending issue must be resolved

8th January, 2011

Just one week into 2011, contrasting fortunes in the Irish economy are evident once again.

The largely positive results outlined by IDA Ireland and the Irish Exporters Association for last year are being tempered by the bad news from many businesses, with more well known companies forced to make painful decisions about their future.

Two things are clear from the data that Vision-net collects to assess companies’ performances and creditworthiness. On the upside, the heart of...

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