Ireland’s economic growth is expected to be 5% to 6% this year, which easily tops the broader Eurozone average.
“Recently, the Irish Times reported that Ireland’s ‘shadow banking’ debt amounted to approximately $2.36 billion. The shadow banking sector includes other entities, such as investment funds. Irish banks will undergo an EU stress test in February. On the other hand, it’s also fair to note that the country’s banking sector has seen more difficult times and has survived through them all,” according to the Seeking Alpha piece on EIRL.
iShares MSCI Ireland Capped ETF