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Thu 06 Jun 2010Report predicts growth in 2011
Ireland is unlikely to have a "lost economic decade", and will have the greatest recovery rate of any of its euro zone peers in 2011, a new report said today.
The Ernst & Young quarterly euro zone forecast said Ireland will rank second next year in terms of GDP growth within the 16 countries, up from 14th in 2010. The economy will return to growth next year and relatively strong rates of growth in the medium term, it said.
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