The unexpected growth of the euro area in the final quarter of last year is down to Ireland’s outsized expansion, according to economists
The outperformance of the Irish economy over the rest of its euro area peers has resulted in the entire area remaining growth positive.
The unexpected growth in the area in the final quarter of 2022 is squarely down to Ireland’s outsized performance, according to economists. “The Irish economy, propelled by the presence of multinational corporations, expanded by 3.5 per cent contributing 0.1 percentage points to the euro-area figure and tipping the balance such that the ...
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