Irish central bank predicts slower growth as export markets tighten


In its latest quarterly bulletin, published on April 5, the Central Bank of Ireland forecasted a return to stability, and said a further bailout should not be necessary.

Predicting slower growth in 2012 as domestic demand weakens and export growth moderates, the central bank said further "emergency measures" would not be required.

The central bank estimated that Irish GDP will grow by 0.5% in 2012 – a reduction from 0.7% in 2011. The central bank forecasted a "significant slowdown in external

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