The real economic growth rate is projected to decline significantly in fiscal 2009 to minus 2.5 percent, but gradually go up to 1.3 percent in fiscal 2010 and 2.1 percent in fiscal 2011. Of course, the economy changes daily. If the external environment and behavioral patterns of firms and households change, the outlook might be revised upward or downward.
Members of boards of directors of Irish financial companies have a strong institutional support framework to assist them undertaking their roles. With the audience here, there are of course a wide range of possible topics to discuss.