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ESRI Issues Buoyant Economic Prediction

A report from the ESRI's expected to increase pressure on the government to avoid making cuts in next year's budget.

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The economic think tank says Ireland is recovering 'quite vigorously' from the downturn at this stage, and more taxes – apart from planned water charges – might not be necessary.

It's latest quarterly update does sound a note of caution however about the pressure on house prices that's being caused by a supply shortage.

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