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Irish growth set to top Eurozone

Ireland is set to be the fastest-growing economy in the eurozone for the second year in a row in 2015 as the recovery becomes sustainable, according to Goodbody Stockbrokers.

The Dublin-based firm is forecasting growth of 4pc this year, highlighting that domestic demand is now the main driver of the recovery.

It comes as separate data shows that activity in the construction sector continued to rise last month, but at a lower pace than in November.

The pace of expansion in housing and commercial property activities both eased during the month, but activity in civil engineering increased at its fastest pace in eight years.

Goodbody said in its latest economy health-check that Ireland's growth last year was "nothing short of spectacular".