Monday May 25, 2020

NTMA says Brexit would be negative for Ireland

But it could throw up opportunities in areas such as FDI

18th May, 2016
The National Treasury Management Agency. Pic: RollingNews.ie

But a decision to leave the EU would have negative consequences for Ireland, impacting trade, the energy and labour markets although it might throw up opportunities in areas such as foreign direct investment (FDI).

The agency said the UK was the second largest single-country export destination for Ireland's goods and the largest for its services. The UK accounts for 16 to 17 per cent of total Irish exports, 30 per cent of Irish imports while...

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