With all the talk of European bailouts it was welcome to see another report coming out stating that this are improving here in Ireland.
Goodbody Stockbrokers has raised its forecast for the Irish economy this year, saying recent figures indicate that the economy resumed growth in the first quarter.
While these types of commentators cannot be seen as totally impartial as they are owned by an Irish Bank it is welcome positive news and demonstrates that a small open economy like ours can benefit quickly once the major economies of the world (in particular America) start to recover.