Bank of Ireland economist Dan McLaughlin says Irish economy has been hit by three shocks; Economy to contract by 1.6% this year
Oct 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish economy has been hit by three shocks, one well-flagged but the other two unexpected at least in their degree of severity, according to Bank of Ireland’s Quarterly Economic Outlook published today. The economy is forecast to contract by 1.6% this year.