Cowen rejects pessimism over economic outlook

Fears the economy is slowing down were confidently dismissed by Tanaiste and Finance Minister Brian Cowen today.

Fears the economy is slowing down were confidently dismissed by Tánaiste and Finance Minister Brian Cowen today.

Experts had warned the country is facing subdued growth this year and next, but Mr Cowen challenged their pessimism insisting the Irish economy was performing twice as well as the rest of Europe.