The Commission says the Irish economy will exhibit exceptionally strong growth this year. Photograph: iStockThe Irish economy is expected “to grow exceptionally” this year amid the front-loading of exports into the US ahead of tariffs. Brussels also warned about the risk to the public finances from changes to the international trading environment and amplified by the concentration of revenue around a handful of firms. On the wider euro zone economy, the Commission predicted the euro area economy would maintain its moderate expansion after weathering US president Donald Trump’s tariff turmoil better than expected. “Even in an adverse environment, the EU’s economy has continued to grow,” Economy commissioner Valdis Dombrovskis said.

Source: The Irish Times November 17, 2025 15:29 UTC