Report casts doubt on Ireland’s ability to compete in eurozone market

AS the European Commission forecasts rising growth for the eurozone, a new report raises serious doubts about this economy’s ability to win a slice of that expanding market.

Economic growth in the 12 euro nations will accelerate to the fastest pace in more than two years by the end of 2006, the European Commission said.

Domestic spending will add momentum to the export-led expansion creating growth of 0.8% in the fourth quarter.