Economic growth is half predicted pace says Noonan

Finance Minister Michael Noonan said Ireland had made "significant progress" with the troika during the sixth review but economic growth is about half the pace forecast by the government.

26th April, 2012
Irish growth may be about 0.75 percent this year, said Noonan.

Ireland’s economy will grow this year at about half the pace forecast by the government in December, Finance Minister Michael Noonan said.

Irish growth may be about 0.75 percent this year, Noonan said in an interview with RTÉ, down from a December estimate of 1.3 per cent.

In its sixth review of Ireland’s bailout program, European and international authorities said that while the country is on track to reach its fiscal deficit target, “considerable...

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