Ireland to get €1bn of EU Brexit fund as worst-affected country
Finance Minister welcomes large allocation of reserve to combat the adverse and disproportionate impact of Brexit on Ireland
Minister for Finance Paschal Donohoe has welcomed the announcement that Ireland is to receive €1 billion from the European Union’s Brexit fund, saying our economy is the worst affected in the bloc.
The €5.4 billion Brexit Adjustment Reserve Fund was established to help member states most affected by Britain’s departure from the EU.
Donohoe said of the deal which would give Ireland the largest allocation in the bloc: “This agreement must...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Analysis: Full extent of Brexit’s impact on business is becoming clear
The drop in activity recorded in new CSO figures, including a 65 per cent hit to imports, is substantial and sobering
Neale Richmond: Why preparing for April 1 is no joke for Irish exporters
From the start of next month, businesses that export any product of animal or plant origin to Britain must deal with an additional round of import controls due to Brexit
Neale Richmond: Consumers are starting to learn the price of Brexit
Customs charges are leading to nasty surprises for some online shoppers
Neale Richmond: Irish producers must strive to replace British suppliers in Europe
We need to aggressively pursue one of the few opportunities Brexit presents by expanding our reach into the EU market