Kenny: still many hills to climb in recovery

The Taoiseach says Ireland still has "hills to climb" before the economy fully recovers.

Enda Kenny was speaking in an interview with CNBC Europe from the World Economic Forum in Davos this morning.

He's joined by the Finance Minister Michael Noonan on the trip - and U2 frontman Bono, who's been drafted in to speak at an IDA dinner with more than 25 executives this evening.

The Taoiseach says Ireland won't become complacent - and that fixing public finances and restructuring the banking sector are still major challenges:

"Just because we've exited the bailout doesn't mean we [don't] still have hills to climb - we have, and many puff them are really challenging," he said.

"Our people have always been pragmatic, we've always been productive, and never afraid of hard work. And I believe that the story of Ireland in the last three years is a story we intend to continue in the time ahead."

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