BoI gloomy about economic prospects for 2009

Bank of Ireland has issued a gloomy assessment of Ireland's economic prospects for next year.

BoI gloomy about economic prospects for 2009
Fri, 11 Jul, 2008 - 12:04

Bank of Ireland has issued a gloomy assessment of Ireland's economic prospects for next year.

In its latest quarterly outlook, the bank says it expects zero growth this year and a GDP increase of just 1.5% next year, despite more optimistic forecasts by other commentators.

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