Irish economy to grow 2.3 percent in 2011: IMF

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Ireland's economy is forecast to grow 2.3 percent in 2011 after escaping a painful recession earlier this year, the International Monetary Fund said on Wednesday.

The severity of the recession means the eurozone nation's Gross Domestic Product is still expected to shrink by 0.6 percent this year, the IMF said, adding that it should grow 2.5 percent in 2012.

© 2010 AFP

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