Investor Presentaiton

26 The Irish Economy - Conclusions ■ Ireland is the fastest growing economy in the Eurozone since mid 1990's. Labour force and productivity gains support medium term GDP forecasts of 5.5-6% The economy is now at full employment with buoyant labour demand boosting. immigration. Immigration is running in excess of 60,000 per year. ☐ Population growth is 2.2% per year (against 0.2% in EU). Household debt is in line with the Euro norm despite recent growth. Business friendly environment, strongly supervised. Bank of Ireland KKO

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