Gene Panasenko has not received any gifts yet
The Republic of Ireland's economy shrank by almost 2% in the third quarter of 2011, compared with growth of 1.4% in the previous quarter.
GNP is down 2.2% on the quarter and down 4.2% on the year.
Meanwhile, the construction industry is stuck in a depression with output down 20% on the year.
The data was published as the International Monetary Fund (IMF) warned about the knock-on effect of weak economic growth outside Ireland.
Ratings agency Fitch has affirmed France's top-notch AAA credit rating but has revised its outlook on the country to "negative" from "stable".
The six countries already had a negative outlook.
Their ratings have now been placed in "credit watch negative", which means a downgrade is possible within three months.
Standard & Poor's, a different agency, warned earlier this month that France's rating could suffer over the eurozone crisis.