Central Bank of Ireland positive in quarterly bulletin

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The Central Bank of Ireland today (July 31) published a quarterly bulletin in which it discussed external threats but gave a largely positive assessment of the domestic economy.

The central bank described the external environment as "very challenging", and said the small and open nature of the Irish economy was limiting the prospects for economic recovery. This was reflected in the growth figures for 2012, which the central bank estimated would fall to 0.9% from the 2011 result of 1.4%, before

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