EU economy chief urges more research for Ireland
Private sector credit, competitiveness and our ageing population pose risks to the Irish economy, according to European Commissioner for Economic & Monetary Affairs Joaquin Almunia. The commissioner, speaking in advance of addressing a meeting of the European Movement in Ireland in Dublin, also said growth in the euro zone would be better than expected this year.
Mr Almunia said membership of the euro had had clear benefits for the Irish economy. It had protected us from external economic shock, boosted attractiveness for FDI and encouraged immigration.
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