ESRI forecasts return to moderate Irish economic growth in 2011; Banking crisis “in no way” threatens solvency of State
Apr 13th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Economic and Social Research Institute (ESRI) says today in its Spring Quarterly Economic Commentary, that following a 2010 of essentially no Irish economic growth, moderate growth of GNP (gross national product) of 2¾ per cent and GDP (gross domestic product) growth of 2½ per cent is forecast in 2011. The institute says the banking crisis "in no way threatens the solvency of the State."