The republic of Ireland is proven to be an attractive location to many high tech companies. Over 1200 companies have chosen Ireland as their base to serve the European market and beyond. Ireland finished the decade of the 1990s as Europe's most dynamic economy. The Irish economy grew faster than all other European economies in the 1990s, recording a growth rate of three times the EU average, and a unique achievement among the industrialized world economies. It has become the main European centre for the high-technology sectors of manufacturing while other major industries include fishing, pharmaceutical, and financial services. The Irish government's economic policies are directed towards the creation of a stable economic environment that is supportive of the needs of business. Ireland's economic growth rates in recent years have consistently been among the highest of the EU countries.

One of the many factors is the currency stability of...