Moody's predicts lower Irish growth than Government

Ireland’s economy will grow 1 per cent in 2012, credit ratings agency Moody’s said, forecasting a slower pace of expansion than the government’s predictions.

12th December, 2011
Moody's predicts lower Irish growth than Government
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Ireland’s economy will grow 1 per cent in 2012, credit ratings agency Moody’s said, forecasting a slower pace of expansion than the government’s predictions.

Ireland’s 2012 budget and fiscal projections will support the country’s debt rating, Moody’s said today in its Weekly Credit Outlook. Finance Minister Michael Noonan forecast last week that the economy would grow 1.3 per cent next year, cutting an earlier forecast of 1.6 per cent....

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