Ireland only bailout state to grow

The latest GDP and balance of payments figures show that the domestic economy is showing signs of stabilising while the export sector continues to grow.

Ireland is the only member of the eurozone bailout countries that is growing and has a current account surplus.

GNP grew by 3.4% over 2012, although it fell by 0.8% over the course of the fourth quarter of the year. GDP rose by 0.9% in 2012, although it was flat over the last quarter of the year.