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irish banking

IMF Warns Economy
Faces Slowdown

By Emer Mullins, Contributor
October / November 2001

October 1, 2001 by Leave a Comment

The International Monetary Fund (IMF) has warned of substantial risks for the Irish economy as a result of the slowdowns in the U.S. and Europe, but has nevertheless painted a pretty favorable picture of Ireland in its annual review of the Irish economy. The Irish Finance Minister, Charlie McCreevy, welcomed the report's conclusions, as he saw them as a commendation of his … [Read more...] about IMF Warns Economy
Faces Slowdown

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October 9, 1834

Ireland’s first public railroad, the Dublin and Kingstown Railway, was opened on this day in 1834. After founding and laying the first tracks in 1831, a short delay occurred in the building due to opposition from some landowners, the laying of tracks over an embankment, and the creation of the Booterstown Marsh. The first train departed on October 9, consisting of eight cars pulled by the “Hibernia.” The railway line was eventually expanded.

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