Ireland set to outperform the eurozone, says OECD

Ireland will grow faster than the eurozone average over the next two years as the recovery takes hold, but the fiscal deficit will overshoot the target agreed with the troika in 2015, according to the OECD.

It has forecast that the economy will grow by 2% in 2014 and 2015.

However, it forecasts that the fiscal deficit will come in at 3.1% at the end of 2015 — marginally above the 3% target agreed with the troika.