Ireland mired in recession in fourth quarter

Ireland fell deeper into recession in the fourth quarter of 2009, with the economy shrinking 2.3% as a result of devastating floods in the west of the country and the continuing decline in building activity following the property market crash.

Irish Times, 25.3.10: Economy contracts at record rate http://www.irishtimes.com/newspaper/breaking/2010/0325/breaking37.html

ESO: Background information: Ireland finds tough measures paying off http://www.europeansources.info/record/ireland-finds-tough-measures-paying-off/

Ireland: Department of Finance: Press Release, 25.3.10: Central Statistics Office National Accounts for 2009 http://www.finance.gov.ie/viewdoc.asp?DocID=6242

Ireland: Central Statistics Office http://www.cso.ie/

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