Irish Economy: Goodbody says GDP will plunge 4% in 2009; Budget forecasts too optimistic; Number of years before trend growth is achieved again
Oct 17th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Economy: Goodbody Stockbrokers in a report today forecasts that the Irish economy will contract by as much as 4% in 2009 and while it expected modest growth to return in 2010 it said the forecast was subject to “a high degree of uncertainty”.