Ireland set to outperform eurozone

Ireland is expected to be one of the stand-out economies in the eurozone, this year, with GDP growth of around 4%.

In a wide-reaching 2015 economic outlook, published yesterday, investment banking/stockbroking firm Cantor Fitzgerald said it remains bullish on the Irish sovereign, adding that the country’s debt-to-GDP ratio could decline below 100%, from a peak of 123% in 2013, as soon as 2017.

The company, which owns Dolmen Stockbrokers here and is a leading shareholder in the Irish Stock Exchange, said Irish bond yields should continue to trade closer to the “semi-core” of eurozone member states and further away from periphery members.