Northern Ireland

United Ireland would cost Irish taxpayers up to €20 billion per year, economists warn

The cost of unification would be substantially reduced if Northern Ireland boosted productivity by making major changes to its economy, new report finds

Edgar Morgenroth, professor of economics at DCU and research affiliate with the ESRI, said the offset of costs from unity would take ‘considerable’ time. Picture: Artur Widak

Public spending under a united Ireland would put huge financial pressure on Irish citizens, resulting in an “immediate” major reduction in their living standards, according to a new report.

According to a paper from the Institute of International and European Affairs (IIEA), Irish unification would add about 5 per cent of modified Gross National Income (GNI*) to the Irish government’s deficit.

If welfare payments and public sector pay rates in Northern Ireland were aligned with ...