Artykuł Irish economy 'to contract by 6%'

to contract - kurczyć się
Irish economy 'to contract by 6%'

to average - osiągać średnio, wynosić przeciętnie
Unemployment will average about 11%

to admit - przyznawać
Mr Hurley also admitted "risks to this outlook remain to the downside" and said central banks were looking at "non-standard" policies.

look beyond - patrzeć poza (coś), poszukiwać
interest rates - stopy procentowe
Mr Hurley also revealed that the European Central Bank (ECB), which looks after monetary policy in the eurozone, is looking beyond interest rate cuts to help stimulate the economy

fell into recession - wpaść w recesję
The country officially fell into recession in September 2008, and unemployment has risen sharply in the following months.

unemployment benefit - zasiłek dla bezrobotnych
The numbers of people claiming unemployment benefit in the Irish Republic rose to 326,000 in January