Irish central bank warns on house prices

Certain features of the Irish economy are raising concerns about its future outlook, the central bank warned in its annual report on Wednesday 13 July.

Last year the economic outturn was quite positive, the bank said in its 2005 annual report.

Central Bank governor John Hurley highlighted several issues that are giving the bank some concerns, however.

Apart from the threat of a house price crash, which the bank says has increased this year, it has other issues with the economy that Mr Hurley h

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