Economy
In reply to the discussion: STOCK MARKET WATCH, Friday, December 16, 2011 [View all]Ghost Dog
(16,881 posts)Ireland has recorded the third-largest trade surplus in the EU for the months of January to September. Exports grew by 4%, while imports were up by 6%.
The data from Eurostat shows the largest trade surplus was in Germany, followed by the Netherlands and then Ireland, at 32.4bn.
The UK registered the largest deficit.
Read more: http://www.breakingnews.ie/ireland/ireland-sees-largest-trade-surplus-after-germany-and-netherlands-532494.html#ixzz1ghZ15OD0
Irish economy shrinks 1.9 pct in Q3 as cuts bite
DUBLIN (AP) - Ireland's economy has shrunk by 1.9 percent in the third quarter, more than expected, raising doubts about the country's deficit-fighting plans.
Government statisticians say gross domestic product fell 1.9 percent in the July-September quarter compared with the previous quarter. Gross national product, which excludes profits of foreign companies based in Ireland, fell 2.2 percent.
Economists had expected quarterly GDP to fall around 0.5 percent and no change to GNP.
Friday's data leaves Ireland on course to register only marginal growth this year. Irish GDP had grown in the first two quarters of 2011 after three years of declines.
/... http://www.buffalonews.com/business/24-hour-business-news/article674939.ece