Ireland's Hurley confident on outlook for 2008

The Irish economy and its banking sector will continue to demonstrate their strength against the background of a challenging international environment this year, John Hurley, the governor of the Central Bank & Financial Services Authority of Ireland, said.

"While the growth rate of the economy is expected to slow this year, it will still represent a good performance by international standards, and growth is expected to recover in 2009 and subsequent years," Hurley said. "Prices in the

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