Ireland’s Second Miracle
In
2009, the Irish economy underwent one of the deepest recessions in the
EU, with its economy shrinking by as much as 10%. Late in 2010, Ireland
received 85bn euros financial rescue package. Clearly, the winner of
Ireland´s general elections held on Sunday (according to polls so far
Fine Gael leader Enda Kenny) will have a lot on his shoulders. However,
if the past is any indication, Ireland has the potential to resurge
economically.
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