From the Attic Archives
Ireland is on track for the softest of economic landings, according to Goodbody Stockbrokers in its latest economic report entitled Strategy 2001 (Irish Examiner 2000).
In light of what has happened in the mean time the final paragraph in the report is interesting.
With mortgage indemnity guarantees in place, lenders are well insulated against capital losses, unlikely though they may be.
In 2003 Goodbody confirmed its prediction (Irish Times).
In a review of the economy released on the day the Minister for Finance Mr McCreevy published the Government’s spending Estimates for 2004, the broker (Goodbody) says Ireland’s “soft landing” is now a reality.