Look under the hood. There are ‘echoes of 2006’ in the Irish economy (opens original article in a new tab)

The Central Bank of Ireland highlights geopolitical risks and rising inflation, with concerns over the government's reliance on corporation tax and potential economic vulnerabilities similar to 2006.

• Central Bank of Ireland warns of geopolitical risks affecting economy, including global oil prices and supply chain disruptions.
• Ireland's inflation is forecasted to rise to 3.5% this year, with potential for higher if Strait of Hormuz remains closed.
• Government's reliance on corporation tax revenue is compared to 2006 economic vulnerabilities, with concerns over budgetary sustainability.