Government braces for a post-Brexit Irish economy

Credit insurance for SMEs in event of sterling crash under discussion

19th June, 2016
Taoiseach Enda Kenny speaks to the Irish community at St Michaels Irish centre in Liverpool Picture: PA

The government has drawn up contingency plans for the economy if Britain votes to leave the EU this week, a move that could make the budgetary situation far tougher.

Minister for Finance Michael Noonan will bring the latest budgetary projections to cabinet on Tuesday in the summer economic statement.

A government source said it was expected that the projected €900 million for tax cuts and spending increases would still be possible in the event of...

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