The EU Commission in its Spring forecast published today (gateway page to full report, summary and individual country forecasts) says the Irish economy will grow by 3% in 2011 after a dip of 0.9% in 2010. Annual growth rates of about 1% are expected in both the Eurozone and the EU27 in 2010 while in 2011, GDP (gross domestic product) growth could accelerate to, or just above, 1.5%.
Related posts:
- Irish average annual GNP growth in 2011-2014 forecast to be 3.3%; Eurozone GDP growth in same timeframe predicted to be 2%
- Irish Economy: ESRI forecasts GDP growth of 2.75% in 2011 with GNP at 2.25%; Budget deficit to fall to 10.5% of GDP; Expected Exchequer shortfall is €19.9bn
- ESRI forecasts return to moderate Irish economic growth in 2011; Banking crisis "in no way" threatens solvency of State
- Irish Economy: IBEC says economy will return to growth in 2011 with GNP rising by 1.2% in 2011 and 3.4% in 2012
- Irish Economy 2011-2015: NCB Stockbrokers forecasts cautious annual GNP growth of 3%