Ireland has strengthened its economy.

29.09.2011 Recently economic indicators of Ireland have been noticeably improved. In comparison with other European countries that are hardly going through a crisis period this state is currently winning position in the global community and is an attractive region for investment.
In accordance with the latest data Ireland's GDP in the second quarter of 2011 has increased by 1.6%.
In October 2011 country should adopt the budget project for the next three years. Positive changes, to deputies’ opinion, must touch the reduction of public expenditures and finding additional income.

Expert’s opinion

“Recently the investors’ interest in Ireland has increased. This concerns, for example, registration of companies and opening bank accounts. Country is not much affected by the crisis in comparison with many other European states and continues to strengthen its position in various fields. Increased economic indicators are a huge plus for any state. It seems that Ireland has reasons and real chances in the next years to increase income of the country with the help of investment flows”.

On the basis: www.tax-news.com

Andrianova Irina ( The lawyer of international consulting department of “Honest & Bright” )