Evidence of economic recovery is compelling
Even without a properly functioning banking sector, Ireland's growth story is very real, writes Jim Power.
When Ireland’s growth numbers for the first quarter of the year were released in early July, they were greeted with pleasant surprise and a certain degree of scepticism. That scepticism was blown out of the water last week with the release of the second quarter data, which was very impressive by any stretch of the imagination.
While quarterly data does tend to be choppy and volatile – with single large transactions such as...
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