Maeve Dineen: Five reasons to hope economy has started to grow
THE eurozone is in crisis but something strange is happening closer to home -- we aren't doing too badly anymore. The evidence of the economy bottoming out is all around us: in the stabilisation of the unemployment rate; in the exchequer figures which keep coming in on target; and in the number of new '11 reg' cars.
These are just some of the reasons to hope that the Central Statistics Office will report on Thursday that the economy grew in the second quarter. While it's still too early to start talking about green shoots here are five important reasons why we managed to prevent ourselves from falling over the cliff.
One: the EU-IMF agreement.