OECD report forecasts 1.2% growth
Long-term prospects for the Irish economy are now better than many other hard hit European countries, a leading think-tank has claimed.
Forecasting growth of 1.2% this year – up from the zero estimate in May – the Paris-based Organisation for Economic Co-operation and Development (OECD) warned about the need for urgent bank reforms to deal with the mortgage arrears crisis.
