Irish Budget 2010: Economy is heading back to 2004/2005 size; Household spending model may be in process of permanent change
Dec 7th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In its Weekly Market Comment, Davy says the Irish economy is heading back to somewhere between the 2004 and 2005 size (in GNP cash terms) next year. Separately, the conventional household spending model may be in the process of a permanent change in developed countries.