Tuesday 24 January 2017

The idea Brexit banking is risky to State is a nonsense - provided we don't foolishly guarantee their debts again

Published 23/11/2016 | 02:30

Here, the Central Bank has been positively Eeyeor-ish in comparison, laying a heavy stress on the authorisation process and talking down the possibility of any one location replacing London. Stock Image
Here, the Central Bank has been positively Eeyeor-ish in comparison, laying a heavy stress on the authorisation process and talking down the possibility of any one location replacing London. Stock Image

The idea that Ireland can afford to turn away investment - especially large, long-term investment - is completely off the wall.

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But that seems to be what's happening. Brexit will reshape Europe's economy for decades to come. Countries that grab a share of investment now may well reap the benefits for generations.

There's no good reason for Ireland to sit this out.

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