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Ireland: Cyclical rebound begins, structural problems remain

- "The Irish economy returns to growth, driven by a cyclical upturn in exports, though domestic demand remains weak.""
- "GDP expected to increase by 0.75% in 2010, before growing by 3.5% in 2011, as the recovery in domestic demand picks up pace."
- "Structural problem of overindebtedness remains and household deleveraging and
Government retrenchment will remain key themes for the next few years."
- "Unemployment is also expected to remain high as the economy restructures to a smaller
construction sector, although emigration of foreign migrants will ease transition."
DenDanske Irish Economic Outlook 20100726

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