EU says worst is over for Ireland

THE worst is over and the Irish economy is recovering was the good news from the EU’s economics chief.

Forecasting better than expected growth for next year, thanks to a strong recovery in other parts of the world and especially Asia, Ollie Rehn warned that the EU was not out of the woods yet.

The EU believes Ireland’s economy will grow by 3% next year, compared with average EU growth of 1%.