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Ireland is starting to recover - O'Brien

September 26, 2012 Irish Independent
Billionaire businessman Denis O'Brien said Ireland was recovering from the recession. "We're climbing out of this hole and we can see the sunlight," he told Bloomberg television. Banks had been recapitalised properly "unlike the rest of Europe", he added. "Foreign direct investment hasn't blinked in terms of making Ireland a destination," he also said. "There have been no protests in Ireland. Everybody knows we have this problem and everybody has been really adult in facing up to it," he said. "It's really tough in Ireland at the moment but there are signs that we are coming of this recession but very, very small signs."