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Personal debt and oil price threaten growth, says Central Bank governor

CENTRAL BANK Governor John Hurley warned yesterday that mounting personal debt and rising oil prices could undermine economic growth.

Personal debt and oil price threaten growth, says Central Bank governor

Wed, 13 Jul, 2005 - 01:00

Brian O'Mahony

He was speaking at the launch of the bank's annual report for 2004.

The bank is forecasting strong growth of over 5% in line with Economic and Social Research Institute (ESRI) figures.

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