Just in case our spirits are down a little today,after the red day on the DOW,I thought I would find some more GOOD NEWS.This time from Ireland,one of the PIGS......remember them?
GOOD NEWS......
Commission forecasts Irish economy will pick up in 2013
THE EUROPEAN Commission has forecast that the expansion of the Irish economy will pick up next year as domestic demand stabilises and growth increases in Ireland’s trading partners.
The general government deficit is projected to drop to 8.3 per cent of GDP this year, below the Government’s 8.6 per cent forecast in the budget.
The commission said the Government was taking the benefit from lower interest expenditure, higher revenues from both fees for bank guarantees and bank dividends, as well as the stronger-than-expected employment figures.
Good days ahead.
http://www.irishtimes.com/newspaper/finance/2012/0512/1224315983425.html
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