The Irish economy will grow more this year than any other country in the European Union (EU).
The new forecasts from the European Commission say the Irish economy will grow by 4.6% in 2014.
That is only slightly below the government's own forecasts, but puts Ireland well ahead of any of the 27 other countries.
The EU says Ireland is managing to divorce itself from the problems in the Eurozone, and is benefiting from strong trade links with the US and UK.
The Commission adds that "National accounts data for the second quarter of 2014 took observers by surprise, displaying significant momentum across the board".
It also finds that retail sales "are on a firm upward trend" and that private consumption growth turned positive for the first time since 2012 in the first quarter of 2014.
Employment growth has also been cited as a reason for the positive outlook, with the Commission finding it has "persisted in 2014, with the fall in the standardised unemployment rate continuing apace from a peak of 15.1% in February 2012 to 11.1% in September 2014".
EU commissioner Jyrki Katainen says extra growth will lead to more jobs for Irish people.
While Barbara Nolan of the EU office in Dublin says the future signs for the Irish economy are all good.
