Ireland: The uncertainty around Ireland’s economic outlook remains “elevated” because of Brexit and possible changes to international tax and trade, the European Commission has warned.
Nonetheless, in its spring forecast, the Commission upgraded its growth projection for Ireland to 5.7 per cent for 2018, up from 4.4 per cent previously.
This is the second fastest growth in the EU, just behind Malta at 5.8 per cent. Brussels also upped its growth forecast for Ireland to 4.1 per cent in 2019 from 3.1 per cent previously.