Brussels cuts Ireland’s growth forecast

Article reported that the European Commission had cut its growth forecast for Ireland in 2013 and warned that Dublin might need a new round of spending cuts and tax increases to ensure it met budget deficit and debt targets in its bailout programme.

ESO: Background information: Irish business hit as loan refusals soar http://www.europeansources.info/record/irish-business-hit-as-loan-refusals-soar/

Irish Times, 29.8.12: European Commission cuts growth forecasts for Ireland http://www.irishtimes.com/newspaper/breaking/2012/0829/breaking31.html

European Commission: Representation in Ireland: Troika Review Reports http://ec.europa.eu/ireland/economy/financial_assistance_programme_ireland/troika_review_reports/index1_en.htm

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