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On the up
Joan Burton: 'We're the strongest growing economy in Europe at this point'
Ireland’s gross domestic product (GDP) is now up 7.7 per cent.
TÁNAISTE JOAN BURTON was raving about the latest Central Statistic Office (CSO) figures today in the Dáil, which show that the economy grew by 1.5% in the second quarter of this year.
Speaking during Leader’s Questions today, she said:
We’re the strongest growing economy in Europe at this point.
She said the figures that Ireland’s gross domestic product (GDP) is now up 7.7 per cent in the year to the end of June with gross national product (GNP) up 9 per cent were “very positive”.
No property bubble
Burton said the important thing about the latest statistics is that the recovery “is not fuelled by a property bubble like it was in the 2000s”.
“Things are actually improving… the single best thing I can do is to help get people back to work and that is what I am doing… these figures help those families,” she said, stating that a growth in the economy mean more business and more jobs for Ireland.
Burton was not the only one chuffed with the the CSO results today. Michael Noonan said it was a trend that will continue, but warned that austerity isn’t over, just yet.
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