Market Week

Your guide to what's going on.

29th June, 2013
Minister for Finance Michael Noonan.

**Retro recession:** Ireland slipped back into recession in the first quarter with -0.6 per cent growth.

The last two quarters of 2012 were revised downward by the CSO, too, meaning the economy grew by just 0.1 per cent last year. The numbers spell trouble for the government's assumptions on debt sustainability, as weak growth could reduce tax revenues and make it harder for the state to hit troika targets.

.........................

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago