News Headline Summary

Irish finance ministry cuts their 2013 GDP forecast to 1.5% from previous estimate of 2.2%

Says:
- Cuts 2014 GDP forecast to 2.5% from 3.0%.
- Affirms their 2012 8.3%, 2013 7.5% fiscal deficit targets.
- Increases unemployment forecasts from 2012 through to 2015.

- Ireland will not increase austerity measures further.

Print 15:00, 14 Nov 2012 - Economic commentary - Source: Newswires