Analysts bullish on growth prospects

Financial analysts are bullish about the prospects for the Irish economy, according to a survey by Chartered Financial Analysts’ Society Ireland.

Nearly half of all those surveyed expect the Irish economy to grow this year, while the number of analysts expecting the economy to shrink has fallen dramatically.

Only 9% of analysts are predicting that there will be a downturn in the domestic economy, down from more than 20% in December.