Ireland still set for strong economic rebound even as Delta flares

ESRI sticks to its prediction last month of 11% economic growth
Ireland still set for strong economic rebound even as Delta flares

Kieran McQuinn, research professor at ERSI said nothing was showing up in the economic figures to suggest the projection for a 11% surge in GDP would be derailed at this stage.

The Irish economy is still set for a huge economic expansion this year, even as the Delta variant flares in Britain and Ireland, Professor Kieran McQuinn at the Economic and Social Research Institute (ESRI) has said. 

The country's leading think tank last month was the first major forecaster to predict the economy would post double-digit growth  this year, by 11%, and likely to mark one of Europe's strongest economic rebounds from the Covid crisis.

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