Revised figures from the Central Statistics Office (CSO) pegged Ireland's GDP growth for 2015 at 26 per cent – a dramatic 18-point increase on the originally estimated 7.8 per cent growth.
The increase, which experts said overstated 'real' GDP growth, arose after a small number of large multinational companies relocated assets to Ireland. The amount that member states contribute to the EU budget is, by and large, calculated based on Gross National Income, which itself is made up...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team