IMF plucks chief economist from Central Bank of Ireland

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The Central Bank of Ireland's chief economist, Lars Frisell, is stepping down after less than two years in the role to take up an as yet unspecified post at the International Monetary Fund (IMF).

Frisell, joined the central bank in June 2012, will leave for the IMF in March 2014. The Central Bank of Ireland is already hunting for his replacement and has posted the vacancy on its website.

"Even in the short time he has been with us, Lars has had a big impact on the effectiveness and performance

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