Good old Lenihan said something akin to the thread title on TV3 News.
Yet, the same Lenihan uttered the following with relation to Q1 data
Economic Issues: Motion (Resumed): 7 Jul 2010: Dáil debates (KildareStreet.com)Wednesday, 7 July 2010
Last week, the Central Statistics Office confirmed this is the case. GDP increased by 2.7% in the first quarter. As I have already stated, that is the fastest pace of increase in the EU. As a result, this evening my Department has revised its budget day forecast for GDP growth this year from -1.3% to positive growth of 1%, tangible evidence that the economic plan which the party opposite calls for us to abandon, is bearing fruit.
Central Bank Reform Bill 2010:...: 6 Jul 2010: Seanad debates (KildareStreet.com)Tuesday, 6 July 2010
Last week’s CSO national accounts figures for the first quarter of 2010 show that gross domestic product expanded by 2.7% between the final quarter of last year and the first quarter of this year. This provides concrete evidence that the co-ordinated measures taken by Government to address competitiveness, the public finances and the banking system are paying off, with improved confidence and clear evidence of a return to growth in output.