Irish economy is the sickest of them all, IMF study claims

Telegraph
"The IMF expects Irish GDP to shrink a cumulative 13.5pc in the three years to 2010. It also forecast that Ireland’s budget deficit may widen to 12pc of GDP this year, four times the European Union limit and above the government’s 10.75pc projection. The state will only bring the deficit back to the EU limit in 2014, a year behind target, it said."