The leprechauns in Ireland have finally found their pot of gold, cementing themselves as the hottest economy in Europe, and in the world for that matter.
Aside from growing at 9.2% in Q4, they grew 7.8% for all of 2915, led by a 16% surge in exports.
I believe they export beer drinkers.
Ireland’s economy expanded 7.8 percent in 2015, cementing its position as the fastest-growing in the euro region.
Gross domestic product rose an annual 9.2 percent in the fourth quarter, the Central Statistics Office said in Dublin on Thursday. From the previous quarter, the economy grew 2.7 percent, quickening from a revised 1.5 percent in the third quarter.
Ireland’s economy has emerged from the worst recession in the nation’s modern history.
Consumer spending rose 3.1 percent in the fourth quarter from the year earlier, government spending dropped 6.8 percent and gross capital formation increased 28 percent, the statistics office said. Exports rose 16 percent in the three months ended in December from the year-earlier period while imports rose 15 percent,
Ireland has one of the lowest corporate tax rates in the world.
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That reminds me.
Time for corned beef and cabbage (soaked in Guinness, of course)!
tradercaddy, Did you ever try Guinness with nachos or fajita? The pairing brings out the subtle chocolate flavor the leprechauns bestow upon the brew. So exciting. I’ll have to try and notice it w/o a side dish.
Sounds good.
Gonna try it.
Have you tapped a keg or two already? 2915?
Hahaha I thought it was his sense of humor
So did I at first read!
I’ll drink to that.