Irish GDP is distorted by weird cross border flows from the multinationals that have their HQs there. It had a 12.1% drop in Q1 which is so big this pushed the whole Eurozone into a 0.2% contraction for the quarter! (Ex Ireland it would be around 0.2% positive growth!) www.ft.com/content/be3a...
Economists say Ireland’s GDP ‘impossible’ to predict because of cross-border flows from multinationals
