This year, the Bank forecasts inflation to be about 2 per cent. Although buffeted by the Information and Communications Technology sector shock in 2001 and the more uncertain international economic conditions in the recent past, the Irish economy has performed well. Economic growth (GNP) last year was 3.3 per cent, amongst the highest in developed economies, and employment has continued to perform strongly.
Their share in the entire  BIS Review 19/2009  1  generated consolidated profits of EUR 3.3 billion in the first half of 2008 in CESEE, compared to EUR 1 billion in the domestic segment and –EUR 0.3 billion in the rest of the world.