The Irish economy is continuing to produce the high rates of growth it has achieved since 1995 but t...
The Irish economy is continuing to produce the high rates of growth it has achieved since 1995 but there are concerns about the prospects of a rise in inflation and labour shortages. Paul Cosson, investment manager on the pan European team at Martin Currie says: "The Celtic tiger is still roaring but there are a few things nipping at its heels. Growth is powering ahead but inflation is picking up, it is now at 6%, the highest in Europe. There are also concerns that return on equity, which has been very high, will decrease." He says one of the problems for the Irish government is that it n...
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