Irish central bank reports threat to growth

The Irish central bank published its annual report for 2004 on Tuesday 12 July, forecasting growth of 5.5pc for the economy in 2005, about the same as in 2004.

Speaking at the publication today of the Central Bank and Financial Services Authority of Ireland 2004 annual report, Central Bank Governor John Hurley said that the Irish economy is continuing to perform well.

But he warned that the sharp increase in oil prices and unfavourable moves in exchange rates could impact on growth.

Hurley also

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