TITLE

Outlook and Assumptions: Domestic Assumptions

PUB. DATE
March 2012
SOURCE
Ireland Country Monitor;Mar2012, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers outlook for the domestic economy in Ireland in 2012. It is stated that the European Union (EU)/International Monetary Fund will continue to help Irish government manage its downsizing of the commercial banks' balance sheets. It is forecasted that euro will decline to 1.25 by mid-2012 due to economic contraction in Eurozone and European Central Bank (ECB) will cut interest rates by an additional 50 basis from 1.00% to 0.50%.
ACCESSION #
72443686

 

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