Brexit won't hit Irish credit rating, says agency

Fitch says no change unless economic impact 'severe'

28th June, 2016
Sterling fall a risk to Ireland, says Fitch Pic: Getty

Credit rating agency Fitch says that while

Britain's vote to leave the EU is a negative for Ireland, it is unlikely to have any short-term effect on the country's credit rating. Fitch upgraded its Irish rating to A in February due to a fall in public debt levels.

It warns, however, that a medium-term rating impact would be possible if the economic dislocation of Brexit were to...

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