Celtic Tiger II could devour us whole

SINCE the 1960s this State has made economic development its main target and the Celtic Tiger was the culmination of that effort.

Economic growth is half the level it was in the glory days of the Tiger, but it is still more than double the EU average.

A new report from NCB Stockbrokers forecasts that we will continue to outpace Europe and deliver growth of 5% or more over the next 10 years followed by five years of 4% growth.