Economic growth to be 'fastest in world'

THE Irish economy will have the fastest growth rate in the developed world over the next 15 years, a major study from Deutsche Bank reveals.

Out of 34 countries survey by the bank, Ireland will surge pass every economy in the Organisation for Economic Cooperation and Development (OECD) area and will have the sixth fastest-growing economy overall.

It predicts that gross domestic product will expand by at least 3.8% every year, faster than the rate in the US, Britain and other Eurozone bloc members.