Ireland 'heading out' of financial crisis
Ireland will return to growth in 2013 according to new figures.
Danske Research says we are 'heading out of the crisis', despite the weakening global economy and growth of just 0.1%, in the second quarter of the year.
A new report from the firm says it expects Irish growth to return across 2013 and 2014. driven by exports and helped by a stabilisation in domestic demand.
Danske’s forecast is for Irish GDP to grow about 0.8 percent next year with growth projected to be as high as 2.3% in 2014.
An improvement in the domestic market is also expected, with house prices rising0.25 in July and 0.5% in August.
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