World Economy

Europe’s Fastest Growing Economy

Europe’s Fastest Growing EconomyEurope’s Fastest Growing Economy

Ireland is on course to be the fastest growing economy in Europe, according to the latest forecast by Goodbody Stockbrokers, expecting a growth of 4% in 2015, Ireland’s Breaking News reported. It is putting the expansion down to rising consumer spending and business investment. Dermot O’Leary of Goodbody Stockbrokers says that, despite the encouraging figures, the government is still under pressure to find savings. He said: “There will be spending pressures over the next number of years and we would particularly point out the pressure that is going to come by way of public sector pay.”