Irish Economy Expanded 7.8% in 2015, Fastest Pace Since 2000
- Ireland's economic growth outstrips Celtic Tiger era
- Investment, consumer spending, exports, imports rise
A seagull flies over the River Iffey in front of the Ha'penny Bridge in Dublin, Ireland, on Saturday, Dec. 1, 2012. Ireland's Finance Minister Michael Noonan will deliver the country's 2013 budget on Dec. 5, and is expected to cover taxation measures and spending details, according to a spokeswoman at the Finance Ministry. Photograph: Aidan Crawley/Bloomberg
Photographer: Aidan Crawley/BloombergThis article is for subscribers only.
Ireland’s economy expanded 7.8 percent in 2015, cementing its position as the fastest-growing in the euro region.
Gross domestic product rose an annual 9.2 percent in the fourth quarter, the Central Statistics Office said in Dublin on Thursday. From the previous quarter, the economy grew 2.7 percent, quickening from a revised 1.5 percent in the third quarter.